Principles of Taxation Law
|Faculty/School:||Faculty of Law|
|Semesters Offered:||September 2014 - Standard|
September 2015 - Standard
|Credit Value:||10 credit points|
|Subject Enquiries:||Faculty of Law|
Telephone: +61 7 5595 2008
|Study Abroad availability:||Available to Study Abroad students|
This subject is open to Study Abroad students that are undertaking a law degree in their home country and have met all the required prerequisites. Study Abroad students from a non-law background, may only undertake the following Law subjects: Business Law, Australian Legal System and Contemporary Issues in Law and Society.
|Subject Outline:||September 2014 [ Standard ]|
Taxation is one of the most important commercial subjects. Taxation is a vital component of your business affairs. It affects every major commercial decision and many personal decisions in modern life. This subject offers an introduction to the policies and principles of income taxation. It examines the essential elements of calculating taxable income and tax payable including the foundation concepts of income, capital and deductions. A look at the rules governing residence and the source of income introduce concepts of international tax planning. Also covered is an introduction to the constitutional aspects of income taxation and the framework in which taxation is administered (including the rules governing tax avoidance).This subject incorporates an overview of capital gains taxation, Goods and Services Tax and Fringe Benefits Tax.
LAWS71-100 Business Law OR LAWS75-100 - Business Law