INCOME TAXATION LAW

LAW3ITL

2018

Credit points: 15

Subject outline

The aim is to provide students with an understanding of income taxation in Australia. Topics covered include the concept of income, assessable income, allowable deductions, taxation of entities (companies, partnerships and trusts) and tax planning and anti-avoidance. The emphasis will be on the practical application of principles via a problem-focused approach, with broad policy issues also covered

SchoolLa Trobe Law School

Credit points15

Subject Co-ordinatorLola Akin Ojelabi

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites LAW1LIM and (LAW2CTA or LAW2CNT)

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Current enrolment in Bachelor of Laws

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsFundamental tax legislationPrescribedPinto et alTHOMSON REUTERS, CURRENT EDITION
ReadingsIncome taxation: commentary and materialsPrescribedBurgess, P., Cooper, G. S., Krever, R.Estewart, M.. and Vann, R. J.Current edition

Graduate capabilities & intended learning outcomes

01. Demonstrate the ability to apply basic legal knowledge and skills in analysing and interpreting income tax law.

Activities:
Problem based questions in tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

02. Determine, on behalf of a client, alternative methods of structuring a transaction with the constraints of income tax law.

Activities:
Problem based questions in tutorials
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

03. Evaluate different tax policy alternatives.

Activities:
Theory questions in tutorials.
Related graduate capabilities and elements:
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

04. Develop generic skills, which a undersity student ought to acquire by graduation, at a senior undergraduate level.

Activities:
Problem based questions in tutorials.
Related graduate capabilities and elements:
Literacies and Communication Skills
Inquiry and Analytical Skills
Personal and Professional Skills
Discipline -Specific Knowledge and Skills

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2018, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorLola Akin Ojelabi

Class requirements

Tutorial Week: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Lecture Week: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Final Exam ( 2000 word equivalent)40 01, 02, 03, 04
Problem-solving task (Factual situations requiring application of legal principles) - 2000 word eqv40 01, 04
2 Quizzes (250 words each) 20 01, 02