The course introduces students to the principles of tax law in Australia with a focus on income tax. The important provisions of the Income Tax Assessment Acts 1936 and 1997 about the concepts of income, capital, and deductions are considered in detail. In addition there will be a brief survey of some international aspects of income tax and the tax treatment of different entities. Tax planning and goods and services tax will be introduced as time permits.

At the end of this course, you are expected to have acquired a working knowledge of the legal concepts and principles underlying taxation in Australia, to have developed the basic tax research skills, and to be able to apply the knowledge and the research skills to analyse and solve simple tax problems.

• Tutorial Participation (multiple choice short tests) 10%
• Mid-Semester Exam 20%
• Final Exam 70%

At least three contact hours per week plus private study time.

BUSN1101 Introduction to Commercial Law or COMM 1101 Introduction to Commercial Law.

Incompatible with COMM 3014 Principles of Taxation Law and LAWS 2221 Income Tax

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/BUSN3014.pdf

For further information see:  http://ecocomm.anu.edu.au/courses/course.asp?code=BUSN3014