Foundations of Taxation Law 2022

Foundations of Taxation Law provides a clear and comprehensive introduction to the policy, principles and practice underpinning the Australian taxation system. Designed as an introductory guide for law and business students as well as tax practitioners, the text focuses on general principles, blending policy issues, taxation theory, technical 'black letter law' and commercial practice into a succinct, principled text. Topics have been developed in a logical, structured order and are cross-referenced to specific provisions in the legislation and relevant cases so that readers can easily find the source of the law. The text includes approximately 400 examples and dozens of diagrams and tables that condense the law and clarify difficult concepts. This fourteenth edition has been substantially revised and restructured to take account of many important legislative reforms, case law developments, administrative changes and policy announcements. It is designed to be used in conjunction with the Core Tax Legislation and Study Guide 2022.

Table of Contents:
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 Australia tax system; 4. Australian taxes; 5. Tax policy, politics and reform; 6. The Australian Taxation Office and the tax profession; Part B. Goods and Services Tax: 7. Goods and Services Tax; Part C. Income Tax: 8. Income tax; Part D. General Jurisdictional Rules: 9. Residence and source; Part E. Income; 10. Ordinary income; 11. Statutory income; 12: Exempt income and non-assessable non-exempt income; Part F. Deductions: 13. General deductions; 14. Specific deductions; 15. Provisions that deny or limit deductions; Part G. Asset Taxation Rules: 16. Capital write-offs; 17. Trading stock; 18. Capital Gains Tax; Part H. Fringe Benefits, Superannuation, and Employment: 19. Fringe Benefits Tax; 20. Superannuation; 21. Termination and unused leave payments; 22. Employee Share Schemes; Part I. Entities: 23. Companies; 24. Partnerships; 25. Trusts; 26. Special entities; 27. Consolidated groups; Part J. Tax Losses: 28. Tax losses; Part K. Tax Incentives and Reliefs: 29. Investment incentives; 30. Business and entity restructure relief; Part L. Financial Transactions: 31. Financial transaction regimes; Part M. International Transactions: 32. International taxation; 33. Double Taxation Agreements; 34. Tax havens, base erosion and profit shifting and international tax enforcement; 35. Transfer pricing; 36. Withholding taxes; 37. Accruals taxation; 38. Foreign exchange; Part N. Tax Avoidance: 39. Tax avoidance; 40. General anti-avoidance provisions; 41. Income alienation anti-avoidance provisions; Part O. Tax Administration: 42. Income tax returns, assessments, rulings,appeals and audits; 43. Identification and payment systems; 44. Tax record-keeping, reporting and recovery; 45. Tax penalties and offences.

About the Author :
Stephen Barkoczy is a Professor in the Faculty of Law at Monash University. He also serves on the Innovation Investment Committee of Innovation and Science Australia and is a member of the International Faculty of the Institute for Austrian and International Tax Law at the Vienna University of Economics and Business. Stephen has published, practised and lectured widely in the areas of taxation, superannuation and venture capital investment law. He is the author/co-author of many books and the recipient of numerous teaching awards, including the 2008 Prime Minister's Award for Australian University Teacher of the Year.