Melbourne Law School The Melbourne Law Masters

Home > Subjects

Subjects 2008


Taxation of Small and Medium Enterprises (formerly Taxation of Small and Medium Enterprises A) 730659

Objectives

A candidate who has successfully completed the subject should:

  • Have a detailed knowledge of the fundamental aspects of taxation of small and medium enterprises (SMEs), with a particular focus on taxation of trusts, partnerships and unincorporated joint ventures
  • Be confident in advising on the application of taxation to the different legal entities used by SMEs
  • Have a good foundation from which to develop further understanding of key planning and structuring issues for SMEs.
Syllabus

Principle topics will include:

  • Income taxation and capital gains taxation of the legal entities that are used for SMEs, most importantly trusts, partnerships and unincorporated joint ventures, including formation, operation and termination of such entities
  • Tax concessions for SMEs, including the CGT small business concessions and the Simplified Tax System.