Handbook

This course mainly focuses on the three key entities used by taxpayers for their business or property-owning activities, namely, the partnership, trust and company. There is also examination of the sole trader (sole owner). The focus is on the closely held sector (e.g. family controlled business, family controlled investments). The course commences with a relatively short focus on the sole trader and then moves to the partnership. The partnership structure is analysed comprehensively. From here, the course moves to trusts. The analysis of trusts is more selective because of the presence of the advanced trust taxation course later in the degree. After trusts, the course moves to companies and again, a more selective approach is taken here. The course is then rounded out with an analysis of the CGT small business concessions and the small business restructure rollover.