LAW545 Taxation Strategies (8)
Prerequisite: FIN560
Enrolment Restriction: Postgraduate and Graduate Courses in the Faculty of Business.
Not available to students who have completed LAW514.
The purpose of this subject is to introduce students to the principles of income tax with an emphasis upon the issues relevant to the financial services industry. The subject will review the basic principles of income tax, including a discussion of what constitutes income, deductions, capital gains, fringe benefits tax, withholding tax and GST and the different tax issues relevant to individuals, companies, partnerships and trusts. Once the basics are understood, students will look at how these principles impact on transactions and how strategies are structured by reference to the market.