TAXATION
ACC5TAX
2020
Credit points: 15
Subject outline
In this subject you will gain an understanding of the operation of the Australian income tax system. On completion of this unit, you should be able to understand the operation of the income tax legislation as well as recognise and apply case-law principles to determine the taxable income and calculate the tax liability of a tax entity. In addition, you should be able to understand and apply Capital Gains Tax and Fringe Benefits Tax provisions. Finally, you should understand and be able to analyse the income tax implications arising from the use of taxable entities such as companies, partnerships and trusts, as well as have a general understanding about tax administration and anti-avoidance provisions.
School: La Trobe Business School (Pre 2022)
Credit points: 15
Subject Co-ordinator: John Harrison
Available to Study Abroad/Exchange Students: No
Subject year level: Year Level 5 - Masters
Available as Elective: No
Learning Activities: N/A
Capstone subject: No
Subject particulars
Subject rules
Prerequisites: ACC5AFM AND LST5CCL
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Quota Management Strategy: N/A
Quota-conditions or rules: N/A
Special conditions: N/A
Minimum credit point requirement: N/A
Assumed knowledge: N/A
Learning resources
Australian Taxation Study Manual: Questions and suggested solutions
Resource Type: Book
Resource Requirement: Prescribed
Author: Nethercott, Devos & Gonzaga
Year: 2018
Edition/Volume: N/A
Publisher: Oxford University Press
ISBN: N/A
Chapter/article title: N/A
Chapter/issue: N/A
URL: N/A
Other description: N/A
Source location: N/A
Foundations of Taxation Law
Resource Type: Book
Resource Requirement: Prescribed
Author: Barkoczy
Year: 2019
Edition/Volume: N/A
Publisher: Oxford University Press
ISBN: N/A
Chapter/article title: N/A
Chapter/issue: N/A
URL: N/A
Other description: N/A
Source location: N/A
Core Tax Legislation and Study Guide
Resource Type: Book
Resource Requirement: Prescribed
Author: Barkoczy
Year: 2019
Edition/Volume: N/A
Publisher: Oxford University Press
ISBN: N/A
Chapter/article title: N/A
Chapter/issue: N/A
URL: N/A
Other description: N/A
Source location: N/A
Career Ready
Career-focused: No
Work-based learning: No
Self sourced or Uni sourced: N/A
Entire subject or partial subject: N/A
Total hours/days required: N/A
Location of WBL activity (region): N/A
WBL addtional requirements: N/A
Graduate capabilities & intended learning outcomes
Graduate Capabilities
Intended Learning Outcomes
Melbourne (Bundoora), 2020, Semester 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Subject Instance Co-ordinator: John Harrison
Class requirements
LectureWeek: 10 - 22
One 2.00 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 11 - 22
One 1.00 hour tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
One 3-hour final examination (equivalent to 3,000 words) | Central exam | Individual | No | 60 | SILO1, SILO2, SILO3, SILO4 |
One group assignment case study (equivalent to 1,000 words per student). Group assignment comprising a case study including essay and calculation components. Groups of 2 students. | Other | Group | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One in-class test (equivalent to 1,000 words). Individual closed book in-class assessment. Test will comprise a combination of essay-based and calculation questions/cases. | Other written exam | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4 |
Melbourne (Bundoora), 2020, Semester 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Subject Instance Co-ordinator: John Harrison
Class requirements
LectureWeek: 31 - 43
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 32 - 43
One 1.00 hour tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
One 3-hour final examination (equivalent to 3,000 words) | Central exam | Individual | No | 60 | SILO1, SILO2, SILO3, SILO4 |
One group assignment case study (equivalent to 1,000 words per student). Group assignment comprising a case study including essay and calculation components. Groups of 2 students. | Other | Group | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One in-class test (equivalent to 1,000 words). Individual closed book in-class assessment. Test will comprise a combination of essay-based and calculation questions/cases. | Other written exam | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4 |
Sydney, 2020, Study period 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Subject Instance Co-ordinator: John Harrison
Class requirements
LectureWeek: 10 - 22
One 2.00 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 11 - 22
One 1.00 hour tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
One 3-hour final examination (equivalent to 3,000 words) | Central exam | Individual | No | 60 | SILO1, SILO2, SILO3, SILO4 |
One group assignment case study (equivalent to 1,000 words per student). Group assignment comprising a case study including essay and calculation components. Groups of 2 students. | Other | Group | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One in-class test (equivalent to 1,000 words). Individual closed book in-class assessment. Test will comprise a combination of essay-based and calculation questions/cases. | Other written exam | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4 |
Sydney, 2020, Study period 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Subject Instance Co-ordinator: John Harrison
Class requirements
LectureWeek: 31 - 42
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
TutorialWeek: 32 - 42
One 1.00 hour tutorial per week on weekdays during the day from week 32 to week 42 and delivered via face-to-face.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
One 3-hour final examination (equivalent to 3,000 words) | Central exam | Individual | No | 60 | SILO1, SILO2, SILO3, SILO4 |
One group assignment case study (equivalent to 1,000 words per student). Group assignment comprising a case study including essay and calculation components. Groups of 2 students. | Other | Group | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One in-class test (equivalent to 1,000 words). Individual closed book in-class assessment. Test will comprise a combination of essay-based and calculation questions/cases. | Other written exam | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4 |