Tax planning and anti-avoidance
Issued by
The Tax Institute
The earner has distinguished between tax minimisation, tax avoidance, and tax evasion and fraud, including the consequences for both the taxpayer and tax advisor. They have examined the income tax general anti-avoidance rule in Part IVA, the general anti-avoidance provisions for GST and FBT, and specific anti-avoidance provisions such as the multinational anti-avoidance law and diverted profits tax. They have also studied the Code of Professional Conduct and the promoter's penalty provisions.
- Type Certification
- Time Hours
- Cost Paid
Skills
Earning Criteria
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Explain the difference between tax planning, tax avoidance and tax evasion
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Apply the taxation general anti-avoidance measures and the specific anti-avoidance measures to a range of non-complex scenarios
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Explain what constitutes a tax exploitation scheme
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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.