UNIT CODE: LAW302
TAXATION LAW
UNIT DESCRIPTION
In this unit students examine the Australian taxation system. The Unit explore concepts and theories associated with assessable income, allowable deductions, taxable income and calculation of tax payable before examining key topics such as Goods and Services Tax (GST), Capital Gains, and Fringe Benefits Tax (FBT). Furthermore, the unit considers capital allowances, taxation for partnerships, trusts, and companies, and also dividend imputation. The unit concludes with an examination of the administration of the taxation systems as well as consideration of the international taxation environment and relevant issues that might impact the operation of international businesses.
STUDENT WORKLOAD + DELIVERY MODE
TIMETABLED HOURS
RECOMMENDED PERSONAL HOURS
TOTAL WORKLOAD HOURS
STUDY LOAD
3 Hours per week
5 Hours per week
8 Hours per week
Full time
MODE OF DELIVERY
This unit will be offered to students in the following mode/s:
+ Face-to-face (Domestic and International)
+ Online (Domestic)
OVERVIEW
Award Course
Bachelor of Business Accounting
Area
Accounting
Unit Duration
12 Weeks
Weekly Attendance Pattern
3 hour session
Unit Level
300
Unit Weighting
6 Credit Points
Unit Type
Core Unit
Pre-Requisites
LAW201 Corporations Law (or equivalent)
Co-Requisites
N/A
Work Integrated Learning
No
UNIT LEARNING OUTCOMES
-
Describe and explain the principles and operations of the Australian taxation system and the Tax Assessment Act
-
Use and apply the concepts of assessable income and allowable deductions to calculate taxable income and tax payable for individuals and basic company operations
-
Research and analyse examples of taxation cases to illustrate tax rulings
-
Analyse, discuss, and apply problem-solving skills to resolve issues relating to taxation law and practice
ASSESSMENT STRUCTURE
ASSESSMENT TASK
-
Assessment 1: Mid Trimester Exam
-
Assessment 2: Practical Exercise (Case Study)
-
Assessment 3: Final Exam
-
Assessment 4: Engagement with the Process