| Area: | School of Business Law |
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| Seminar: | 1 x 3 Hours Weekly |
| Prerequisite(s): | 11042 (v.4) Taxation 332 or any previous version
|
| Syllabus: | Business Structures. Choice of an appropriate business entity examining setting up business, continuing operations and winding up. Includes capital gains tax implications. |
| |
| Unit Outcomes: | On successful completion of this unit, students will have - Appreciated the commercial issued involved in determining the appropriate business structure for a particular business venture. Understood how income and capital profits are taxed in respect of a sole trader, a partnership, a trust and a company. Evaluated the impact of taxation, including capital gains, on each business structure. Understood the application of salary sacrifice. Understood the taxation consequences of various methods of financing a business. Appreciated the taxation implications on winding up a business. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | No prescribed references. |
| Unit Texts: | Taxation 334 Unit Guide. Perth, Curtin publication. Income Tax Assessment Act 1936 and 1997 - CCH |
| |
| Unit Assessment Breakdown: | Assignment 40%. Final Exam 60%. This is by grade/mark assessment. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 1 | Y | | | | 2004 | Bentley Campus | Semester 2 | | | Y | | 2004 | Joondalup Campus | Semester 1 | Y | | | |
