Subject description
This subject focuses on the structure of the Income Tax Assessment Acts (1936 & 1997); Fringe Benefits Tax Assessment Act 1986; and related legislation. General principles with respect to the assessability of income and deductibility of expenses are studied, together with the treatment of fringe benefits and capital gains.
Enrolment rules
Pre-Requisite
Tutorial enrolment
Students can enrol online via the Tutorial Enrolment link in SOLS
Delivery
To view information specific to your campus, click on Select availability in the top right of screen and choose from the campus, delivery mode and session options.
Teaching staff
Subject coordinators
Learning outcomes
On successful completion of this subject, students will be able to:
1.
Critically consider, analyse and discuss the fundamentals of the law relating to income tax and fringe benefits tax in Australia;
2.
Evaluate the effectiveness of taxation policy in Australia with respect to the objectives of a good taxation system;
3.
Identify the tax consequences of factual situations by application of income tax and fringe benefits tax laws and related case law;
4.
Apply income tax laws and related case law so as to resolve disputes involving factual situations;
5.
Use taxation literature and source materials and communicate with others and work in teams.
Assessment details
In-Class Test
Group presentation
Final Exam
Textbook information
No prescribed textbooks for this subject. Students will be advised of recommended readings at the commencement of session