Postgraduate - UnitBTX9651 - Taxation law

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

The unit covers the concepts of income taxation and the taxation of capital gains in their underlying historical, social and constitutional contexts. It includes discussion and learning of the policy and constitutional matrices of taxation, the legal definition of income, taxation of income from personal services and business, taxation of fringe benefits, indirect taxation of goods and services, taxation of capital gains, taxation of companies and allowable deductions from gross income in personal and business contexts.

Outcomes

The learning goals associated with this unit are to:

1. identify and explain the administrative framework within which the federal taxation system operates
2. calculate income tax and goods and services tax liabilities
3. identify and analyse fundamental tax concepts such as the distinction between income and capital
4. apply legislative provisions and judicial principles to practical taxation problems and provide supporting evaluations through the application of statutory and case law principles.

Assessment

Within semester assessment: 30%
Examination (3 hours, closed-book): 70%

Chief examiner(s)

Dr Diane Kraal [semester 1 & 2]. Mr Toan Le [Summer].

Contact hours

3 hours per week

Prerequisites

Students must have passed one unit from the following: BTX9020, BTX9500 or MBA9002 before undertaking this unit. Students enrolled in Master of Business Law have no prerequisite.

Co-requisites

Students enrolled in Master of Business Law must undertake BTX5140.

Prohibitions

BTG9270