LSSU592 Taxation Law

UNE has cancelled in-person, paper-based exams for Trimester 1 per government advice to avoid large indoor gatherings. Instead, all exams will either be transferred to other modes of assessment, or offered online. We are working as quickly as possible to update the published information regarding unit assessments but warn that the information contained here may be inaccurate or subject to change. Information about assessment changes will be provided to student via individual Moodle unit sites as they become available. Immediate information on online exams is available on UNE's Online Supervised Exams page.

Updated: 16 April 2020
Credit Points 6
Offering
Location Teaching Period Mode of Study
Armidale OUA Trimester 1 Online
Armidale Trimester 1 Online
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 candidature in GradCertAcct or GradCertCom or GradCertMgt or GradCertProfAcc or GradDipAcct or GradDipCom or GradDipMgt or MBA or MCom or MCom(ProfAcc) or MFinServ or MPA or MPABus
Co-requisites None
Restrictions GSB750 or LS392 or LSSU392 or MBA750
Notes

Legal Studies unit available to all students, other than Law students, subject to degree rules. Those students wishing to meet the qualification requirements of the Tax Practitioners Board should also consider enrolling in LSSU450, LSSU451, LSSU591 and LSSU593.

Combined Units None
Coordinator(s) Michael Blissenden (mblissen@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 2020

ISBN: 9780455244044
Thomson Reuters 2020

Note: Package includes: Sadiq, K., Pinto, D. and Kendall, K., "Fundamental Tax Legislation 2020" (ISBN: 9780455244006) and Sadiq, K., Black, C., Hanegbi, R., Jogarajan, S., Krever, R., Obst, W. and Ting, A., "Principles of Taxation Law 2020" (ISBN: 9780455243115) 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 Online Supervised 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 1, 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% 2500
Assessment Notes

Problem question

Relates to Learning Outcomes (LO)

LO: 1-4

Online Assessment 20%
Relates to Learning Outcomes (LO)

LO: 1-4

Compulsory Final Examination 2 hrs 15 mins 60% 2000
Assessment Notes

Final Examination. Open Book Examination. There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will be offered online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.

Relates to Learning Outcomes (LO)

LO: 1-4


Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. demonstrate an in-depth understanding of the nature and scope of the principles that govern the operation of taxation law, eg knowledge of the concepts of assessability, income, deductability, special taxpayers, international taxation and taxation planning; 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; reflect on the effects of the anti-avoidance provisions in the income tax legislation; and discuss contemporary issues and suggest how they should be regulated by taxation law;
  3. use creativity, initiative and judgement to critically analyse, synthesise, evaluate and consolidate 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. plan construct and communicate written advice for a range of interested parties that is clear, coherent and well-argued.