Goods and Services Tax Principles

Subject 730-637 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points:
Level: Graduate/Postgraduate
Dates & Locations:

This subject has the following teaching availabilities in 2009:

August, - 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 candidates background and experience.
Prerequisites: N.A.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Mr Jim Murray
Subject Overview:

Objectives:

A student who has successfully completed this subject should:

  • Have developed an understanding of the policies, detailed rules and current practical problems involved in a GST
  • Understand how a GST differs from other types of consumption tax
  • Have an advanced understanding of the policies underlying a GST
  • Have a thorough knowledge of the technical detail of the rules for the operation of and compliance with a GST.

Syllabus:

This subject will examine the major foundational principles of the GST and its operation in practice. Comparisons will be drawn between the two major models of GST, the Canadian and New Zealand models, and the sixth Directive of the European Community.

Principal topics will include:

  • Introduction to GST: Different forms of VAT/GST and the relation to the income tax base
  • Obligation to register for GST
  • Basic concepts for operating the GST: Supply, liability and value for tax; status of the taxable person; definitions of supplies; place of supply; goods and services; value of the consideration; treatment of imports and exports administration of VAT; treatment of input tax – mixed supplies and apportionment
  • Special issues: Real property; financial institutions; government and non-profit-making bodies; agriculture and mining
  • International aspects: Obligation for non-residents to register; supplies by non-residents and the reverse charge; exports and imports of goods and services
  • Compliance assessment and collection of tax.
Assessment:
  • Seminar assignment (30%)
  • Take-home examination (70%) (18–21 September)
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: 730-637Goods and Services Tax PrinciplesMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2009P

Objectives:

A student who has successfully completed this subject should:

  • Have developed an understanding of the policies, detailed rules and current practical problems involved in a GST
  • Understand how a GST differs from other types of consumption tax
  • Have an advanced understanding of the policies underlying a GST
  • Have a thorough knowledge of the technical detail of the rules for the operation of and compliance with a GST.

Syllabus:

This subject will examine the major foundational principles of the GST and its operation in practice. Comparisons will be drawn between the two major models of GST, the Canadian and New Zealand models, and the sixth Directive of the European Community.

Principal topics will include:

  • Introduction to GST: Different forms of VAT/GST and the relation to the income tax base
  • Obligation to register for GST
  • Basic concepts for operating the GST: Supply, liability and value for tax; status of the taxable person; definitions of supplies; place of supply; goods and services; value of the consideration; treatment of imports and exports administration of VAT; treatment of input tax – mixed supplies and apportionment
  • Special issues: Real property; financial institutions; government and non-profit-making bodies; agriculture and mining
  • International aspects: Obligation for non-residents to register; supplies by non-residents and the reverse charge; exports and imports of goods and services
  • Compliance assessment and collection of tax.
  • Seminar assignment (30%)
  • Take-home examination (70%) (18–21 September)
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 candidates background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.Mr Jim MurrayLawLawNNNNParkvillePARKVILLEFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730637730-6372August

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