TAXATION

ACC3TAX

2014

Credit points: 15

Subject outline

This subject develops an understanding of Commonwealth income tax legislation and the implications of income tax on individuals and businesses. A practical approach is taken to the subject matter. Topics include the general concepts of assessable income and allowable deductions, (including substantiation provisions, an introduction to capital gains and fringe benefits tax. The taxation of entities will also be covered including; the taxation of partnerships, companies and trusts. The subject will also cover: returns and assessments, objections and appeals.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Livia Gonzaga

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: LST2BSL and ACC1AMD

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsAustralian Taxation Study ManualPrescribedNethercott, Richardson and DevosCURRENT EDN, C.C.H. AUSTRALIA LTD.
ReadingsCore Tax Legislation and Study GuidePrescribedBarkoczyCURRENT EDN., C.C.H. AUSTRALIA LTD.
ReadingsFoundations of Taxation LawPrescribedBarkoczyCURRENT EDN, C.C.H. AUSTRALIA LTD.

Albury-Wodonga, 2014, Semester 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Livia Gonzaga

Class requirements

Scheduled Online ClassWeek: 10 - 22
One 3.0 hours scheduled online class per week on weekdays from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Bendigo, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Maria Zito

Class requirements

TutorialWeek: 10 - 22
One 1.0 hours tutorial other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

LectureWeek: 10 - 22
One 2.0 hours lecture other recurrence on weekdays during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Dandenong, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Livia Gonzaga

Class requirements

SeminarWeek: 10 - 22
One 2.0 hours seminar other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Dandenong, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Livia Gonzaga

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Melbourne, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Livia Gonzaga

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture other recurrence on weekdays during the day from week 10 to week 22 and delivered via online.

TutorialWeek: 10 - 22
One 1.0 hours tutorial other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Melbourne, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Livia Gonzaga

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via online.

TutorialWeek: 31 - 43
One 1.0 hours tutorial other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Shepparton, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Maria Zito

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via online.

TutorialWeek: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Sydney, 2014, ACN Semester 1, Day

Overview

Online enrolment: No

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Maria Zito

Class requirements

LectureWeek: 11 - 22
One 3.0 hours lecture other recurrence on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70

Sydney, 2014, ACN Semester 2, Day

Overview

Online enrolment: No

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Maria Zito

Class requirements

LectureWeek: 28 - 39
One 3.0 hours lecture other recurrence on weekdays during the day from week 28 to week 39 and delivered via face-to-face.

Assessments

Assessment elementComments%
Applied questions10
one 1-hour mid semester test20
one 3-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject70