- Time Hours
- Cost Paid
Taxation of corporations
Issued by
The Tax Institute
The earner has demonstrated an understanding of some of the provisions related to the taxation of corporations. In this unit, students consider: How and when a company may deduct tax losses and bad debts; Calculate the quantum of a deduction for income tax losses; Integrity measures in relation to basic dividend stripping and franking credit trading.
- Time Hours
- Cost Paid
Skills
- Taxation of Corporations
Earning Criteria
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Apply the company tax loss provisions to determine a company's ability to utilise company income tax loss and bad debt deductions.
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Identify and explain the impact of the specific anti-avoidance measures that apply when considering the deduction of income tax losses and bad.
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Explain the choice available to companies in utilising company income tax losses and calculate any cap that may apply to limit the amount of the tax deduction for those losses.
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Apply the specific anti-avoidance measures relating to the imputation system to a range of non-complex scenarios.
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Earners complete 10 hours of online, self-paced, interactive learning, incorporating interactive examples, knowledge checks, case studies and a comprehensive activity.
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Successful completion of an online, multiple choice assessment.