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Australian Taxation System Assignments
This is an introduction into tax laws in Australia, starting off with a broad perspective of the country’s taxation system and current tax issues. Specific themes of this unit include income tax liability, tax accounting, allowable deductions, taxes on fringe benefits, concept of statutory and ordinary income (tax on capital gains), and concepts of residence and source of income.
The conclusion of the unit involves studying tax avoidance. Students also study taxes imposed on companies, trusts, partnerships, and international taxation in unit CLAW3202. This provides a solid foundation for students in terms of providing professional accounting services.
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