Taxation of Small and Medium Enterprises

Subject 730-659 (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.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


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:

A candidate who has successfully completed the subject should:

  • Have a detailed knowledge of the fundamental aspects of taxation of small and medium enterprises (SMEs), with a particular focus on taxation of trusts, partnerships and unincorporated joint ventures
  • Be confident in advising on the application of taxation to the different legal entities used by SMEs
  • Have a good foundation from which to develop further understanding of key planning and structuring issues for SMEs.

Syllabus:

Principle topics will include:

  • Income taxation and capital gains taxation of the legal entities that are used for SMEs, most importantly trusts, partnerships and unincorporated joint ventures, including formation, operation and termination of such entities
  • Tax concessions for SMEs, including the CGT small business concessions and the Simplified Tax System.
Assessment:
  • Seminar assignment 3,000 words (30%)
  • Take-home examination (70%) (24-27 October)
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: 730-659Taxation of Small and Medium EnterprisesMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2008

Objectives:

A candidate who has successfully completed the subject should:

  • Have a detailed knowledge of the fundamental aspects of taxation of small and medium enterprises (SMEs), with a particular focus on taxation of trusts, partnerships and unincorporated joint ventures
  • Be confident in advising on the application of taxation to the different legal entities used by SMEs
  • Have a good foundation from which to develop further understanding of key planning and structuring issues for SMEs.

Syllabus:

Principle topics will include:

  • Income taxation and capital gains taxation of the legal entities that are used for SMEs, most importantly trusts, partnerships and unincorporated joint ventures, including formation, operation and termination of such entities
  • Tax concessions for SMEs, including the CGT small business concessions and the Simplified Tax System.
  • Seminar assignment 3,000 words (30%)
  • Take-home examination (70%) (24-27 October)
N.A.N.A.24 - 26 contact hours per subject.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.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidate's background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.A/Prof Miranda StewartLawFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730659P12.500Semester 2NLawLaw730-659

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