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LocationDomesticInternational
Papua New Guinea - IBSU Port MoresbyN/ASession 2

Unit description

Introduces the law and practice of taxation in Papua New Guinea (PNG) and the inter-relationship between different taxes. The main emphasis is on income tax as it applies to individuals, however, other taxes will be studied including goods and services tax and industry specific taxes. By studying this unit, students should attain a basic working knowledge of the taxes that are levied in PNG. The unit also examines some of the principles behind a good tax system and the administration of taxation in PNG.

Unit content

1. Overview of the PNG Income Tax System

2. Basic Concepts of PNG Income Tax

3. Concepts of Income Including Statutory and Exempt Income

4. Allowable Deductions including depreciation

5. Taxation of Non-residents and Foreign Income

6. Taxation of Individuals

7. Taxation of Companies

8. Mining Tax and Other Incentives

9. Introduction to Other Taxation Entities & Tax Planning

10. Tax Administration

11. GST and Other Taxes

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1define and state the purposes of taxationIntellectual rigourKnowledge of a discipline
2explain the constitutional taxing powers of PNG GovernmentKnowledge of a discipline
3differentiate receipts that are assessable, capital and exempt under the ITA 1959 as well as deductions that are allowable and non-allowable under the ITA 1959Knowledge of a disciplineCommunication and social skills
4calculate the tax liabilities of different types of taxpayersKnowledge of a disciplineCommunication and social skills
5explain the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collectionIntellectual rigourKnowledge of a discipline
6explain the best tax practice available to tax professionals and taxpayers under the ITA 1959Intellectual rigourKnowledge of a discipline
7explain the basics of how goods and services tax operates.Knowledge of a discipline

On completion of this unit, students should be able to:

  1. define and state the purposes of taxation
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  2. explain the constitutional taxing powers of PNG Government
    • GA4: Knowledge of a discipline
  3. differentiate receipts that are assessable, capital and exempt under the ITA 1959 as well as deductions that are allowable and non-allowable under the ITA 1959
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  4. calculate the tax liabilities of different types of taxpayers
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  5. explain the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collection
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  6. explain the best tax practice available to tax professionals and taxpayers under the ITA 1959
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  7. explain the basics of how goods and services tax operates.
    • GA4: Knowledge of a discipline

Prescribed texts

  • -, Papua New Guinea Income Tax 1959 as Amended.
  • Edgar O'Neill, A Guide to PNG Taxation.
Prescribed texts may change in future study periods.

Teaching and assessment

Teaching method
Workshop on-site
Assessment
Case study20%
Case study30%
Exam: closed book50%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2020 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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