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Australian Tax 2021
A text designed to fast track your tax career
Product description
Australian Tax 2021 is an introductory level text offering a straightforward explanation of Australia’s tax laws using the unique tax pyramid method. This modern step-by-step process helps to simplify and explain Australia’s complex tax laws and provides a framework for students to carry their knowledge into practice. It includes online student support, facilitating student engagement.
Features
• Uses a unique three-level tax pyramid approach to demystify taxation policy and the key income tax, FBT and GST tax equations used to calculate tax payable/refundable.
• Teaches students tax problem-solving skills
• Self-learning student material
Related Titles
Taylor, Walpole, Burton Ciro & Murray, Understanding Taxation Law 2021
• Kenny & Walpole, Concise Tax Legislation 2021
• Fitzpatrick, Business and Corporations Law 4th edition
Table of contents
- The taxpayers and introduction
- Who we don’t tax, free riders and policy
- Income tax basics
- International tax
- Income tax accounting
- Ordinary income
- Statutory income
- Non-assessable income
- Capital gains and losses
- General deductions
- Specific deductions
- Deduction limitations
- Capital allowances
- Entities
- Superannuation and eligible termination payments
- Special taxpayers
- Anti-avoidance
- Fringe benefits tax
- Goods and services
- Tax planning
- Tax administration
- Taxation in practice
- Solving complexity