LSSU392 Principles of Taxation Law

Updated: 09 May 2019
Credit Points 6
Offering
Location Teaching Period Mode of Study
Armidale Trimester 2 Online
Armidale Trimester 2 On Campus
Intensive School(s) None
Supervised Exam There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will either be paper-based and offered at an established exam venue or online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.
Pre-requisites LS251 or LSSU251 or LSSU394
Co-requisites None
Restrictions GSB750 or LS292 or LS392 or LSSU592
Notes

Legal Studies unit available to all students, other than Law students, subject to degree rules

Combined Units None
Coordinator(s) William Higgs (whiggs@une.edu.au)
Unit Description

This unit is available to non-law students only. This unit introduces students to the fundamental legal principles underscoring Australian taxation law. The topics covered include: taxation theory; income from personal exertion and the impact of residency; overview of fringe benefits tax; income from property and business; goods and services tax; general deductions; specific deductions; tax accounting; trading stock; capital allowances; capital gains tax principles; taxation of partnership and trust income; and taxation of companies.

Important Information

Where calculators are permitted in examinations, it must be selected from an approved list, which can be accessed from the Further Information link below.

Further information

Prescribed Material
Mandatory

Shrink Wrapped Package(s):

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Tax Kit 2 2019

ISBN: 9780455242033
Thomson Reuters 2019

Note: Package includes: Sadiq et al., "Principles of Taxation Law 2019" (ISBN: 9780455241760) and Pinto et al., "Fundamental Tax Legislation 2019" (ISBN: 9780455241951).

Electronic devices are not permitted in a paper-based exam. Therefore, if you choose to purchase this text as an e-book, you will not be permitted to use it in a paper-based open book exam. If the unit has an online supervised exam and you choose to sit the open book exam online (go to une.edu.au/online-exams for more information) you will be permitted to refer to the e-text during the online supervised exam, only if they are on the desktop/laptop computer.

Text refers to: Trimester 2, On Campus and Online

Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Must
Complete
Title Exam Length Weight Mode No. Words
Compulsory Assignment 20% 2000
Assessment Notes

Problem Question

Relates to Learning Outcomes (LO)

LO: 1-4

Online Assessment 20%
Assessment Notes

This assessment is mandatory

Relates to Learning Outcomes (LO)

LO: 1-4

Compulsory Open Book Examination 2 hrs 15 mins 60%
Relates to Learning Outcomes (LO)

LO: 1-4


Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. demonstrate a broad and coherent understanding of the nature and scope of the principles that govern the operation of taxation law; have a well-developed understanding of how taxation law is administered and how its assessments can be challenged; and recognise the distinction between tax evasion and tax minimisation;
  2. use cognitive and creative skills to exercise critical thinking and judgement in evaluating the effectiveness of the current taxation law; and reflect on the effects of the anti-avoidance provisions in the income tax legislation;
  3. use initiative and judgement to critically analyse legal principles, legislative provisions and the principles of case law relating to taxation matters to construct persuasive legal arguments and solutions to fact based problems including executing accurate calculations of taxation liability; and
  4. use communication skills to construct a well-argued written advice for a range of interested parties that is clear and coherent.