Back to Find Units Page

Unit of Study ACC10179 - Papua New Guinea Taxation (2017)

Show me unit information for year

Unit Snapshot

  • Enrolment information

    N/A

Unit description

To equip accounting students with the knowledge of the taxation law and practice in PNG in order to prepare them in their career pursuit in accounting, business and taxation.

Unit content

  1. Overview of PNG
  2. Income Tax
  3. Concepts of Income
  4. Statutory Income & Exempt Income
  5. Statutory Income and Exempt Income
  6. General Deductions
  7. Specific Deductions
  8. Tax Accounting
  9. Taxation of Individuals
  10. GST and Other Taxes
  11. Mining Tax
  12. Tax Administration
  13. Introduction to Taxation Entities & Tax Planning

Availabilities

Not currently available in 2017

Learning outcomes and graduate attributes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
Learning outcome count Learning outcome description GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 define and state the purposes of taxation
2 appreciate the constitutional taxing powers of PNG Government
3 differentiate receipts that are assessable, capital and exempt under the ITA 1959 as well as deductions that are allowable and non-allowable under the ITA 1959
4 work out the tax profit from the accounting profit
5 calculate the tax liabilities of different types of taxpayers
6 appreciate the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collection
7 appreciate the best tax practice available to tax professionals and taxpayers under the ITA 1959.

On completion of this unit, students should be able to:

  1. define and state the purposes of taxation
    • GA4:
  2. appreciate the constitutional taxing powers of PNG Government
    • GA4:
  3. differentiate receipts that are assessable, capital and exempt under the ITA 1959 as well as deductions that are allowable and non-allowable under the ITA 1959
    • GA4:
  4. work out the tax profit from the accounting profit
    • GA4:
  5. calculate the tax liabilities of different types of taxpayers
    • GA4:
  6. appreciate the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collection
    • GA4:
  7. appreciate the best tax practice available to tax professionals and taxpayers under the ITA 1959.
    • GA4: