CO3513 - Taxation 1
| Credit points: | 03 |
| Year: | 2005 |
| Student Contribution Band: | Band 3 |
| Administered by: |
The constitutional division of taxing powers and the constraints on the Commonwealths power to tax; the operation and administration of Australias Income Tax system.
Learning Outcomes
- calculate the taxation consequences of: capital gains and losses; eligible termination payments; and primary production income;
- calculate the taxation liability of those who derive assessable income as individuals; through partnerships and trusts; and either as or through companies;
- describe the collection mechanisms used by the Australian Taxation Office;
- describe the legal basis for the exercise of the Commonwealths taxation power;
- explain the major anti-avoidance provisions of the Income Tax Assessment Act;
- identify those outgoings which are deductible for income taxation purposes;
- identify those receipts which form part of taxable income.
| Prerequisites: | CO1501 or (LA1006 and LA1007) |
| Inadmissible Subject Combinations: | LA4023 |
Availabilities | |
| , , Study Period 1 | |
| Census Date 31-Mar-2005 | |
| Coordinator: | Empro Stephen Graw |
| Lecturer: | afjhd. |
| Contact hours: |
|
| Assessment: | (60%); (40%). |
| , , Study Period 1 | |
| Census Date 31-Mar-2005 | |
| Coord/Lect: | Empro Stephen Graw. |
| Contact hours: |
|
| Assessment: | (60%); (40%). |
Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.