By the end of this course, students should be able to:
1. Understand the general operation of Australia's revenue system and taxation law sources.
2. Understand key income tax concepts like residency, ordinary vs capital income, and deductions.
3. Apply capital gains tax legislation to correctly calculate net capital gain.
4. Understand the goods and services tax and its interaction with other tax systems.
By the end of this course, students should be able to:
1. Understand the general operation of Australia's revenue system and taxation law sources.
2. Understand key income tax concepts like residency, ordinary vs capital income, and deductions.
3. Apply capital gains tax legislation to correctly calculate net capital gain.
4. Understand the goods and services tax and its interaction with other tax systems.
By the end of this course, students should be able to:
1. Understand the general operation of Australia's revenue system and taxation law sources.
2. Understand key income tax concepts like residency, ordinary vs capital income, and deductions.
3. Apply capital gains tax legislation to correctly calculate net capital gain.
4. Understand the goods and services tax and its interaction with other tax systems.
Basics About Sales, Use, and Other Transactional Taxes: Overview of Transactional Taxes for Consideration When Striving Toward the Maximization of Tax Compliance and Minimization of Tax Costs.