INCOME TAXATION LAW

LAW3ITL

2020

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

School: La Trobe Law School (Pre 2022)

Credit points: 15

Subject Co-ordinator: David Wishart

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 3 - UG

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: LAW2CTA AND LAW1LIM

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

Principles of Taxation Law

Resource Type: Book

Resource Requirement: Prescribed

Author: Sadiq et al

Year: 2019

Edition/Volume: N/A

Publisher: Thomson Reuters

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Australian Taxation Law Cases

Resource Type: Book

Resource Requirement: Recommended

Author: Richard Krever

Year: 2019

Edition/Volume: N/A

Publisher: Thomson Reuters

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Fundamental Tax Legislation

Resource Type: Book

Resource Requirement: Recommended

Author: Dale Pinto, Keith Kendall & Kerrie Sadiq

Year: 2019

Edition/Volume: N/A

Publisher: Thomson Reuters

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

COMMUNICATION - Communicating and Influencing
DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Demonstrate the ability to apply basic legal knowledge and skills in analysing and interpreting income tax law.
02. Determine, on behalf of a client, alternative methods of structuring a transaction with the constraints of income tax law.
03. Evaluate different tax policy alternatives.
04. Develop generic skills, which a undercity student ought to acquire by graduation, at a senior undergraduate level.

Bendigo, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: David Wishart

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 video conference.

TutorialWeek: 10 - 22
One 1.00 hour tutorial per week on weekdays during the day from week 10 to week 22 and delivered via blended.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Final Exam2000 word equivalent

N/AN/AN/ANo40SILO1, SILO2, SILO3, SILO4

Problem-solving task (Factual situations requiring application of legal principles)2000 word equivalent

N/AN/AN/ANo40SILO1, SILO4

2 Quizzes 250 words each

N/AN/AN/ANo20SILO1, SILO2

Melbourne (Bundoora), 2020, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: David Wishart

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 video conference.

TutorialWeek: 10 - 22
One 1.00 hour tutorial per week on weekdays during the day from week 10 to week 22 and delivered via blended.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Final Exam2000 word equivalent

N/AN/AN/ANo40SILO1, SILO2, SILO3, SILO4

Problem-solving task (Factual situations requiring application of legal principles)2000 word equivalent

N/AN/AN/ANo40SILO1, SILO4

2 Quizzes 250 words each

N/AN/AN/ANo20SILO1, SILO2