law3itl income taxation law
INCOME TAXATION LAW
LAW3ITL
2017
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-ordinatorJohn Bevacqua
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
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Fundamental tax legislation | Prescribed | Pinto et al | THOMSON REUTERS, CURRENT EDITION |
| Readings | Income taxation: commentary and materials | Prescribed | Burgess, 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(Writing)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Study and Learning Skills)
- Discipline -Specific Knowledge and 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(Writing)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Study and Learning Skills)
- Discipline -Specific Knowledge and 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(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Study and Learning Skills)
- Discipline -Specific Knowledge and 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(Writing)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Study and Learning Skills)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Subject options
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Melbourne, 2017, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJohn Bevacqua
Class requirements
TutorialWeek: 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.
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| 2-hour open book examination | 60 | 01, 02, 03, 04 | |
| Mid-semester assessment | 40 | 01, 04 |