Handbook 1996 : Faculty of Law (Volume 3 page 226)
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730-407 Taxation

Optional Law subject.

Prerequisite: Torts and the Process of Law; History and Philosophy of Law. Some basic knowledge of Trusts and Corporations Law is desirable. )

Contact: 2 hours per week

Timetable: Both semesters

Objectives:

Students completing this course should be familiar with the concepts of income taxation and the law relating thereto.

Content:

Policy issues underlying taxation; taxation in an historical and constitutional context. The definition of income. Capital gains tax and fringe benefits tax. Allowable deductions. Tax accounting and trading stock. Taxation of trusts, companies and shareholders, partnerships; Residence and source. Tax administration and appeals. Tax avoidance.

Assessment:

Either Research Essay 5,000 words (50 per cent) and Final Exam 11/2 hours (50 per cent); or Final Exam 3 hours (100 per cent).

Prescribed texts:

• Cooper, Deutsch and Krever, Income Taxation: Commentary and Materials, 2nd ed 1993 Law Book Co, Income Tax Assessment Act 1936 as amended (Butterworths or CCH), Waincymer J, Australian Income Tax Principles and Policy, 2nd ed, 1991 (Butterworths)

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Handbook 1996 : Faculty of Law (Volume 3 page 226)

Status:          Official 1996
Date created:    Oct  9 1995
Last modified:   Oct  9 1995
Authorised by:   Academic Registrar
Email enquiries: Course_Information@registrar.unimelb.edu.au

Copyright © University of Melbourne 1995,1996.