LAW301 Taxation Law (Principles) (8)
PR: LAW110
ER: Not available to students who have completed LAW320, LAW380, LAW381 or RMBU2643. Note that completion of RMBU1235 satisfies the PR for this subject.
The fundamentals of income tax law and practice are covered. The basic ideas of assessable income including capital gains, allowable deductions and the essentials of tax accounting are examined in the context of their impact on businesses and taxpayers in general. Goods and Services Tax and Fringe Benefits Tax are also considered.