Availabilities:
Unit Summary
Pre-requisites
Unit aim
Extends knowledge of taxation to different business entities including companies, partnerships, trusts, superannuation funds, and special taxpayers and the method and impact of taxation on each using teacher-directed learning activities and case studies. Domestic and international taxation issues will be considered in the context of planning and anti-avoidance.
Unit content
Module 1: Review of the Australian taxation system including taxation of companies, shareholders, and dividends
Module 2: Taxation of partnerships and trusts
Module 3: Taxation of superannuation funds and benefits
Module 4: Taxation of small business entities
Module 5: Taxation of foreign income and foreign residents, and international tax issues
Module 6: Tax avoidance and tax planning
Learning outcomes
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: | |
|---|---|
| 1 | apply the law and practice of income taxation in Australia in relation to small business entities and superannuation funds |
| 2 | identify and evaluate international taxation issues |
| 3 | explain the operation of anti-avoidance provisions |
| 4 | apply various tax planning techniques that can be used to legitimately minimise taxpayers' liability to income tax. |
On completion of this unit, students should be able to:
- apply the law and practice of income taxation in Australia in relation to small business entities and superannuation funds
- identify and evaluate international taxation issues
- explain the operation of anti-avoidance provisions
- apply various tax planning techniques that can be used to legitimately minimise taxpayers' liability to income tax.
Prescribed texts
- Text changes with legislation each financial year: Sadiq, K, Black, C, Hanegbi, R, Jogarajan, S, Krever, R, Obst, W & Ting, A, 2019, Principles of Taxation Law 2019, Thomson Reuters.
- The prescribed text is updated every financial year. Please refer to the Unit's MySCU site for the edition details of your text, Principles of Taxation Law, Thomson Reuters (Professional) Australia Limited, Pyrmont, NSW.