This unit provides an introduction to the law and practice of income taxation in Australia, including capital gains tax. It focuses on the principles governing the assessability of income and deductibility of expenditure, together with aspects of compliance and the appeals process as they relate to individuals, partnerships, companies and trusts. Kindred legislation such as the Fringe Benefits Tax Assessment Act 1986 and the Taxation Administration Act 1953 are also examined. -- Course Website
Prerequisites: ACCT1101 Financial Accounting
