This unit is designed to teach students about the Australian Taxation System, with a particular focus on understanding Australian Income Tax Law. Students will learn the necessary skills to locate, apply and interpret relevant taxation law (statute, case law and rulings) to solve basic tax problems covering income tax, GST, FBT, CGT, capital allowances and tax administration. This knowledge will be applied to all tax entities (individuals, partnerships, companies, and trusts). This unit will also incorporate theoretical concepts that underpin taxation law in Australia. This unit is an elective unit in the BBUS program.
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