To equip accounting students with the knowledge of the taxation law and practice in PNG in order to prepare them in their career pursuit in accounting, business and taxation.
- Overview of PNG
- Income Tax
- Concepts of Income
- Statutory Income & Exempt Income
- Statutory Income and Exempt Income
- General Deductions
- Specific Deductions
- Tax Accounting
- Taxation of Individuals
- GST and Other Taxes
- Mining Tax
- Tax Administration
- Introduction to Taxation Entities & Tax Planning
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.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||define and state the purposes of taxation||Knowledge of a discipline|
|2||appreciate the constitutional taxing powers of PNG Government||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||Knowledge of a discipline|
|4||work out the tax profit from the accounting profit||Knowledge of a discipline|
|5||calculate the tax liabilities of different types of taxpayers||Knowledge of a discipline|
|6||appreciate the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collection||Knowledge of a discipline|
|7||appreciate the best tax practice available to tax professionals and taxpayers under the ITA 1959.||Knowledge of a discipline|
- Prescribed text information is not currently available.
Teaching and assessment
Papua New Guinea - IBSU Port Moresby
|Lecture on-site 2 hours (12 Weeks)|
|Exam: closed book||50%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2014 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.