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LocationDomesticInternational
Papua New Guinea - IBSU Port MoresbyN/A

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.

On completion of this unit, students should be able to:
1define and state the purposes of taxation
2explain the constitutional taxing powers of PNG Government
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 1959
4calculate the tax liabilities of different types of taxpayers
5explain the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collection
6explain the best tax practice available to tax professionals and taxpayers under the ITA 1959
7explain the basics of how goods and services tax operates.

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

  1. define and state the purposes of taxation
  2. explain the constitutional taxing powers of PNG Government
  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
  4. calculate the tax liabilities of different types of taxpayers
  5. explain the taxation administration in relation to the processes and systems in place to enhancing tax compliance and revenue collection
  6. explain the best tax practice available to tax professionals and taxpayers under the ITA 1959
  7. explain the basics of how goods and services tax operates.

Prescribed texts

  • No prescribed texts.
Prescribed texts may change in future teaching 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 teaching period. 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 teaching period.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.

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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