Tax of Business and Investment Income B
Subject 730-655 (2008)
Note: This is an archived Handbook entry from 2008. Search for this in the current handbook Search for this in the current handbook
| Credit Points: | 12.500 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Level: | Graduate/Postgraduate | ||||||||||||
| Dates & Locations: | This subject has the following teaching availabilities in 2008: Semester 2, - Taught on campus.
Timetable can be viewed here. For information about these dates, click here. | ||||||||||||
| Time Commitment: | Contact Hours: 24 - 26 contact hours per subject. Total Time Commitment: The time commitment for this subject depends on the candidate's background and experience. | ||||||||||||
| Prerequisites: | N.A. | ||||||||||||
| Corequisites: | N.A. | ||||||||||||
| Recommended Background Knowledge: | None | ||||||||||||
| Non Allowed Subjects: | None | ||||||||||||
| Core Participation Requirements: | N.A. |
Coordinator
A/Prof Miranda Stewart| Subject Overview: |
Objectives: The subject will provide an advanced and specialised study of one of the foundation areas of income tax, including the taxation of capital gains, both as regards policy and implementation. It will build upon the knowledge gained in Taxation of Business and Investment Income A. Upon successful completion of the subject, candidates will possess an advanced understanding of the policies, detailed rules and current practical problems involved in the taxation of business income and property income, achieved through the analysis of a number of specific problems discussed in the seminars. Syllabus: The subject considers in detail the taxation of business income and property (investment) income, including the deductions available in respect of both types of income. It also considers the rules of tax accounting relating to the timing of derivation of such income and the incurrence of relevant deductions, and compares the revenue treatment with the treatment under the capital gains provisions. The subject includes an examination of the following:
|
|---|---|
| Assessment: |
|
| Prescribed Texts: | Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry. |
| Breadth Options: | This subject is not available as a breadth subject. |
| Fees Information: | Subject EFTSL, Level, Discipline & Census Date |
| Generic Skills: | Please see the Subject Objectives for this information. |
| Links to further information: | 730-655Tax of Business and Investment Income BMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2008 Objectives: The subject will provide an advanced and specialised study of one of the foundation areas of income tax, including the taxation of capital gains, both as regards policy and implementation. It will build upon the knowledge gained in Taxation of Business and Investment Income A. Upon successful completion of the subject, candidates will possess an advanced understanding of the policies, detailed rules and current practical problems involved in the taxation of business income and property income, achieved through the analysis of a number of specific problems discussed in the seminars. Syllabus: The subject considers in detail the taxation of business income and property (investment) income, including the deductions available in respect of both types of income. It also considers the rules of tax accounting relating to the timing of derivation of such income and the incurrence of relevant deductions, and compares the revenue treatment with the treatment under the capital gains provisions. The subject includes an examination of the following:
|
Download PDF version.