Taxation Law

This subject seeks to provide students with a sound understanding of taxation principles to enable them to apply relevant Australian tax legislation.

This subject introduces the Australian tax system and legislation (including income tax and Goods and Services Tax) with more detailed coverage of the determination of income, deductions, uniform capital allowances, Capital Gains Tax, partnerships, reconciliation from accounting profit to taxable or net income, trusts and minors, companies and franking accounts.

Other topics include international aspects of income tax, tax treatment of different entities, and anti-avoidance provisions.

The content of this subject plays a vital role in professional development of accountants and related professionals, such as financial planners.