Business Taxation

Business Taxation Subject Code: ACC330

* This subject will be necessary for accounting students who wish to seek CPA/CAA accreditation.

This subject is designed to assist students in gaining an understanding of the concepts and principles that underpin taxation law in Australia. Students will learn about a variety of different taxes and how they are imposed on Australian businesses.

This subject aims to provide students with a general understanding of the Australian taxation system and how it impacts upon businesses and individuals. Students will learn about income, deductions, income tax and goods and services tax and other taxes.

Subject Learning Outcomes:

a) Explain the rationale for taxation.

b) Show that the principles and conception of taxation are derived from a variety of sources including various acts, rulings and case law.

c) Identify and apply key taxation principles and concepts.

d) Identify key income tax, fringe benefits tax, and GST issues in given transactions.

Assessment Information

Learning outcomes for this subject are assessed using a range of assessment tasks as described in the table below.