Subjects 2009
Taxation of Small and Medium Enterprises 730659
- Credited Courses: Graduate Diploma in Banking and Finance Law 968; Graduate Diploma in Corporations and Securities Law 538; Graduate Diploma in Tax 187; Master of Banking and Financial Services Law 526; Master of Commercial Law 504; Master of Laws (LLM) 502; Master of Tax 742
Objectives
A student who has successfully completed this 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
Principal 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.
