CONTENTS: 1 Overview of the Australian Tax System; 2 Residence and Source; 3 Nature of Income; Income from Labour; 4 Fringe Benefits Tax; 5 Income from Business; 6 Income from Property; 7 Compensation Principle and Periodic Receipts; 8 Capital Gains Tax and Alienation; 9 Allowable Deductions - General Principles/Provisions; 10 Allowable Deductions - Specific Provisions; 11 Capital Allowances; 12 Offsets; 13 Tax Accounting; 14 Trading Stock; 15 Taxation of Partnerships; 16 Taxation of Trusts; 17 Taxation of Companies and Shareholders; 18 International Taxation; 19 Avoidance of Tax; 20 Tax Administration; 21 Goods and Services Tax; 22 Superannuation and Employer Responsibilities.

Foundations of Taxation Law is a clear, comprehensive introduction to the policy, principles and practice of Australia's taxation system. An introductory guide for law and business students and tax practitioners, the text blends policy issues, taxation theory, technical 'black letter law' and commercial practice into a succinct, principled text.

Core Taxation Legislation and Study Guide is a reference text for students undertaking tax subjects. It provides curated extracts of legislation as well as useful guidance on study skills. Part 1: The Study Guide assists students to prepare for a tertiary taxation course and conduct basic taxation research. It refers to key reference material, including websites and research tools, and includes useful tips on study techniques, researching a tax problem, essay writing and presentation, answering taxation law exam questions and how to cite legislation, cases, articles, rulings and reports for assignments. Part 2: The Core Tax Legislation comprises selected extracts from relevant sections of taxation legislation and regulations. An essential resource, this text allows students to access the parts of the legislation they will need for a taxation law course in a time-saving and user-friendly way. Core Taxation Legislation and Study Guide 2022 is designed to be used in conjunction with Foundations of Taxation Law 2022.

2011 marks the 50th anniversary of the late R.W.Parsons' appointment as a Professor at Sydney Law School, and the 25th anniversary of his retirement. It is also 26 years since the publication of his authoritative work, Income Taxation in Australia: Principles of Income, Deductibility and Tax Accounting. Those 26 years have cemented its reputation as the leading work on 'the common law' of Australian income tax. The careful reasoning, depth of analysis and the astute insights it contains are still unmatched. To mark this occasion and in response to numerous requests, Thomson Reuters has produced this facsimile edition of the original 1985 book, supplemented by two additional papers written by Professor Parsons after his retirement. Apart from the addition of the two papers, the text of the book has been reproduced unchanged.

Simplicity in taxation has considerable potential advantages. However, attempts to simplify tax systems are only likely to be successful and enduring if they take account of the reasons why taxation is complex. There are strong pressures on tax systems to accommodate a range of important factors, as well as complex and changing national and international environments within which modern tax systems have to operate. This book explores the experiences of simplification in a range of countries and jurisdictions. The authors analyse a range of manifestations of simplification, including tax systems, tax law, taxpayer communications and tax administration. They also review the longer term or more fundamental approaches to simplification, suggesting that in order to strike the optimum balance between simplicity and the aims of a tax system in terms of efficiency and equity, a range of complex environmental factors must all be taken into account. With chapters reflecting on experiences from Australia, China, Canada, Malaysia, New Zealand, Russia, South Africa, Thailand, Turkey, the UK and the US, the authors illustrate differences between jurisdictions and the changing environment in which they operate. This book addresses the crucial balance between simplicity and the other objectives of tax design and reform, and suggests that reformers of the tax system should include simplicity as one of the key evaluators of any design or reform proposal.

A comprehensive guide to the principles and practice of taxation law.Australian Taxation Law 2021 provides a comprehensive analysis of relevant legislation, case law and rulings, and a conceptual framework within which to assess topical tax issues. This leading text covers income tax (including the taxation of capital gains), superannuation, goods and services tax, fringe benefits tax and state taxes, as well as international taxation and the operation of the tax administration system. This text provides extensive expert analysis of the latest legislative provisions, case law developments and rulings, administrative reforms and policy announcements. It has been designed to help students navigate the complexities of taxation law and includes practical examples that will help them learn how to apply the law to real-life situations.NEW TO THIS EDITION:Updated data, cases, legislation, tax rates for the 2020/21 financial year and calculation of penaltiesDiscussion on:Possible impacts of COVID-19 on tax reformChanges to the concessions available to small businessesRemoval of the CGT main residence exemption for foreign residentsChanges in the way business is conducted in the digital age: Skourmalls v FCTATO power to recover estimates of tax liability has been extended to the GST systemChanges introduced by the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020Departure Prohibition Orders: MoltoniDevelopments in residence of individuals: HardingThe backpackers tax: AddyNew deductions cases: Greig, Mussalli, Sharpcan.