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Written by an expert author team, Australian Taxation Law 2019 comprehensively examines the fundamental taxation legislation that underpins the Australian tax system, such as superannuation, income tax, GST, FBT, and state taxes.
Providing extensive analysis of the latest legislative provisions, case law developments and rulings, administrative reforms, and policy announcements, this text is ideal for students and professionals who are looking for a concise and authoritative explanation of taxation law essentials.
New to this Edition
Incorporates the latest major legislative reforms and key decisions of courts and tribunals
Includes tax rates for the 2018/19 financial yearNew discussions on:Board of Taxation 2018
Review of Small Businesses
GST rulings on imported services and digital products ('Netflix' tax)'One chance' ATO administrative exemption from penalty for small businesses and individuals
Corporate tax rate developments, including the introduction of the maximum passive income test for base rate entities
Updated legislation to equate crypto-currencies with money for GST purposes
Refinements to the superannuation rules following the 2018 Federal Budget
A proposed 'Location Incentive' for international productions filmed in Australia
Commencement of Low Value Goods measures dealing with imported purchases under $1,000
Introduction to income tax lawTax formula, tax rates and tax offsetsAssessable income: general principlesIncome from personal exertionIncome from propertyIncome from businessCapital gains tax: general topicsCapital gains tax: concessions and special topicsNon-assessable incomeGeneral deductionsSpecific deductionsCapital allowances and capital worksTax accountingTrading stockSmall business entities and concessionsTaxation of partnership incomeTaxation of trust incomeTaxation of corporate tax entities and their membersCorporate tax losses, net capital losses and bad debtsTaxation of consolidated groupsSpecial taxpayers and incentive schemesTaxation of financial transactionsSuperannuationInternational aspectsTax evasion, avoidance and planningFringe benefits taxGoods and services taxState taxesAdministrative aspects of taxationTax rulings, tax returns, and assessmentsChallenging an assessmentCollection and recovery of taxOffences, penalties and regulation of tax practitionersRates and tablesTable of Cases Decisions of Boards of Review and AAT (Taxation Appeals Division) Table of Legislation Table of Rulings Index
ISBN: 9780190318475 ISBN-10: 0190318473 Audience:
Tertiary; University or College
Number Of Pages: 2128 Published: 23rd January 2019 Country of Publication: AU Dimensions (cm): 23.88 x 16.26
Weight (kg): 1.7
Edition Number: 29 Edition Type: Revised