Taxation

Course aim

To introduce students to income tax, goods and services tax and fringe benefits tax and to satisfy the educational requirements of the professional accounting bodies.

Course content

Introduction to the Tax Agent Services Act (2009); introduction to the income tax system; ordinary income; derivation of income; statutory income; exempt income; residence and source; introduction to capital gains tax; introduction to fringe benefits tax; introduction to the goods and services tax; general deductions; specific deductions; tax offsets; depreciation; trading stock; small business concessions; taxation treatment of partnerships, trusts, minors, companies including dividend imputation, and superannuation; introduction to international taxation; anti-avoidance provisions; tax planning; tax administration.

Textbook(s)

Nil

Prerequisite(s)

Specific program
Program	Subject Area & Catalogue Number	Course Name
DMPC	ACCT 5023	Financial Accounting
DMPC	COML 5009	Commercial Law M
DGFP	COML 5017	Financial Advice Regulatory and Legal Obligations
DCFP	COML 5017	Financial Advice Regulatory and Legal Obligations
DMFP	COML 5017	Financial Advice Regulatory and Legal Obligations

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Lecture	2 hours x 10 weeks
Lecture (Virtual)	2 hours x 10 weeks
Tutorial	2 hours x 10 weeks
EXTERNAL, CITY WEST, ONLINE
External	40 hours x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Case study, Examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.