Foundations of Taxation Law [Paperback]

Foundations of Taxation Law provides a clear introduction to the policy, principles and practice that underpin Australian's taxation system.Foundations of Taxation Law provides a clear and comprehensive introduction to the policy, principles and practice that underpin the Australian taxation system.Foundations of Taxation Law provides a clear and comprehensive introduction to the policy, principles and practice that underpin the Australian taxation system.Foundations of Taxation Law provides a clear and comprehensive introduction to the policy, principles and practice that underpin the Australian taxation system. Designed as a guide for law and business students as well as tax practitioners, the text blends policy issues, taxation theory, black letter law and commercial practice into a succinct general principles text. Topics are presented in a logical and structured order and are cross-referenced to specific provisions in the legislation and relevant cases so that readers are able to easily find the source of the law. The text includes approximately 400 examples and dozens of diagrams and tables that condense the law and help clarify difficult concepts. This edition contains expanded technical and policy discussion of several areas of law. It has been substantially revised and restructured to take account of the many important legislative reforms, case law developments and announcements that have occurred over the last 24 months.Part A. Introduction to Taxation and Australia's Tax System: 1. Taxation principles and theory; 2. Tax law research and interpretation; 3. Constitutional framework of the Australian tax system; 4. Australian taxes; 5. Tax policy, politics and reform; 6. The Treasury, Australian Taxation Office and tax profession; Part B. Goods and Services Tax: 7. Goods and services tax; Part C. Income Tax: 8. Income tax; Part D. Income: 9. Ordinary income; 10. Statutory income; 11. Exempt income and non-assessable non-exempt income; Part E. Deductions: 12.lc+