LAW545 Taxation Strategies (8)
CSU Discipline Area: Management (MANAG)
Duration: One session
Abstract:
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.
+ Subject Availability Modes and Locations
| Session 2 | |
|---|---|
| Distance | Bathurst |
Continuing students should consult the SAL for current offering details: LAW545
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Assumed Knowledge:
Enrolment restrictions:
Postgraduate and Graduate Courses in the Faculty of Business. Not available to students who have completed LAW514 .
Objectives:
Upon successful completion of this subject, students should:
* be able to demonstrate an understanding of the underlying principles relevant to Australia's income tax system
* be able to demonstrate an understanding of how income is taxed in Australia
*be able to apply taxation knowledge to the structure of various financial products
* be able to apply taxation knowledge to understand the transaction of financial products
* be able to apply taxation knowledge to develop taxation strategies
Syllabus:
The subject will cover the following topics:
* Income * Deductions, tax offsets and exemptions * Capital gains tax * Fringe benefits tax * Goods and service tax * Taxation of partnerships and trusts * Taxation of companies and dividends * International taxation * Salary packaging and employee share plans * Structured equity investments * Tax planning including estate planning
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.