Taxation law

The unit examines key aspects of the Commonwealth income tax, goods and services tax and superannuation tax systems. It examines taxation theory and policy and maps the constitutional and administrative framework of the federal tax system. The unit focuses on the following topics: goods and services tax, ordinary and statutory income, general and specific deductions, capital allowances, capital gains tax, taxation of companies and shareholders and the taxation of superannuation contributions and investments. Special emphasis is placed on how the taxation law applies to common commercial transactions.