Taxation of Remuneration

Subject 730-661 (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 1, - 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 Ann O'Connell
Subject Overview:

Objectives:

A candidate who has successfully completed the subject should have an advanced understanding of the technical rules underlying the taxation of remuneration derived in a variety of forms.

Syllabus:

This subject will provide an advanced and specialised study of the taxation of employee remuneration and the remuneration of individuals in analogous independent contracting situations. One focus will be on the practices in packaging salaries that result from the different timing and valuation rules, and the differences of tax treatment applied to elements of a package under the income tax and fringe benefits tax.

Principal topics will include:

  • Income tax issues of remuneration
  • Employee deductions
  • Substantiation
  • Fringe benefits tax
  • Employee share schemes
  • Retirement planning
  • Taxation of expatriate employees.
Assessment:
  • Class assignment (30%)
  • Take-home examination (70%) (11-14 July)
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: 730-661Taxation of RemunerationMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2008

Objectives:

A candidate who has successfully completed the subject should have an advanced understanding of the technical rules underlying the taxation of remuneration derived in a variety of forms.

Syllabus:

This subject will provide an advanced and specialised study of the taxation of employee remuneration and the remuneration of individuals in analogous independent contracting situations. One focus will be on the practices in packaging salaries that result from the different timing and valuation rules, and the differences of tax treatment applied to elements of a package under the income tax and fringe benefits tax.

Principal topics will include:

  • Income tax issues of remuneration
  • Employee deductions
  • Substantiation
  • Fringe benefits tax
  • Employee share schemes
  • Retirement planning
  • Taxation of expatriate employees.
  • Class assignment (30%)
  • Take-home examination (70%) (11-14 July)
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 Ann O'ConnellLawFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730661P12.500Semester 1NLawLaw730-661

Download PDF version.