Taxation Law and Policy Exam Notes - (H1)

Description

Comprehensive Taxation Law and Policy Exam Notes. Completed the subject in Sem 1 2025 with Miranda. These notes only include topics which were examinable including: Assessable Income – Ordinary Income (s 6-5) Assessable Income – Statutory Inclusions (s 6-10) Capital Gains Tax (CGT) Deductions – General Deductions (s 8-1) Specific Deductions and Non-Deductible Expenditures Capital vs Revenue Distinction Timing Issues – Derivation and Incurrence Trading Stock and Depreciating Assets Fringe Benefits Tax (FBT) Goods and Services Tax (GST) Tax Accounting and Timing Rules Taxation of Entities (especially Companies and Trusts) Tax Avoidance – Part IVA Residency and Source Rules International Tax – Foreign Income and Tax Treaties