BUSL320 Lecture Notes

Description

Weeks 1-13: Operating Framework of Australian Taxation System The Concept of Income, Tax Formula and Tax Collection Mechanisms International Tax Issues and Tax Accounting for Receipts Assessable Income: Personal Exertion and Property Assessable Income: Business Income Statutory Income: Taxation of Capital Gains and Losses Allowable Deductions Goods and Services Tax (GST) Partnerships, Trusts and Income of Minors Taxation of Companies and Shareholders Taxation of Fringe Benefits Tax Evasion, Tax Planning, Anti-Avoidance Legislation and Ethical Considerations