5274 (v.9) Taxation (Trusts) 568

Area:

School of Business Law

Credits:

25.0

Contact Hours:

3.0

Seminar:

1 x 3 Hours Weekly

Prerequisite(s):

    5922 (v.6) Taxation (Introduction) 561 or any previous version
    OR
    11945 (v.5) Taxation 531 or any previous version

Syllabus:

A study of trusts at common law. A detailed study of the provisions of the Income Tax Assessment Act and associated Acts and regulations and the Stamp Act as they relate to trusts.

Unit Outcomes:

On successful completion of this unit students will have- Examined the common law and taxation of trusts and the practical application of these principles in the use of trusts as a tax-planning vehicle.

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:

Hodgson, H. The Law and Taxation of Trusts: An Intelligence Report. (latest edition). Prospect Publishing. Ford and Lee. Principles of the Law of Trusts. Sydney, Law Book Company. Ford and Hardingham. Cases on Trusts. (latest edition). Sydney, Law Book Company. Meagher and Gummow. Jacobs' Law of Trusts in Australia. (latest edition) Sydney, Butterworths. Evans, M. Equity and Trusts. (latest edition) Sydney, Butterworths. Trustees Act 1962 (WA). Property Law Act 1969 (WA). Stamp Act 1921 (WA). Wills Act 1970 (WA). Income Tax Assessment Act 1936. Income Tax Assessment Act 1997. Looseleaf Publications: Australian Federal Tax Reporter. Income Tax Rulings. Journals: Taxation in Australia. Journal of Australian Taxation. CCH Journal of International Taxation. Australian CPA. Charter Australian Tax Review. Australian Tax Forum. All of these journals should be held in the TL Robertson library on the Bentley campus of Curtin University.

Unit Texts:

No prescribed texts.

Unit Assessment Breakdown:

Mid-semester Test 30%, Assignment 30%, Final Examination 40%. This is done by grade/mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 1			Y
2004	Bentley Campus	Semester 2	Y