UNSW Handbook Course - Principles of Capital Gains Taxation

Principles of Capital Gains Taxation - ATAX0108


	Faculty: Faculty of Law
	School: Australian School of Taxation
	Course Outline: See below
	Campus: ATAX Campus
	Career: Postgraduate
	Units of Credit: 6
	EFTSL: 0.125 (more info)
	Contact Hours per Week: 0
	Enrolment Requirements:
	Restricted to students enrolled in Program 5541
	Fee Band: 1 (more info)
	Further Information: See Class Timetable

Description

This course deals with Australia's capital gains tax regime. The course begins with a study of the theory behind taxing capital gains and its place in the income tax base. This is followed by an examination of the background leading to the introduction of Australia's first system for taxing capital gains and why that system was altered to our present system. The main features of the current legislation are then examined in detail, including its structure, main concepts and principal operative provisions. The course concludes with a look at the main concessions and exemptions available to individuals and small business.

Recommended Prior Knowledge

ATAX0100 Principles of Australian Taxation Law
Or Equivalent

Course Objectives

The course aims to:

Provide students with an understanding of why the Australian CGT regime was introduced and how it differs from comparable tax jurisdictions
Equip students with an understanding of the essential structure of the CGT regime
Enable students to calculate capital gains and losses and identify all tax implications arising from those gains and losses
Enable students to identify the preferential treatment of capital gains as a result of the existence of concessions such as roll-overs and exemptions
Enable students to apply that understanding in different contexts
Enhance student skills of statutory interpretation and analysis.

Modes of Delivery

Flexible Learning

Assessment

Assignment 1	2000 words	20%
Assignment 2	2000 words	20%
Final Examination	Open book	60%

Pass Requirements

50 per cent or more of the total marks available in the course and
at least 40 per cent of the marks available for the final examination in the course.

URL for this page:

© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.