INCOME TAXATION LAW

LAW3ITL

2021

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-ordinatorMira Stammers

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 3 - UG

Available as ElectiveYes

Learning ActivitiesProblem based questions in tutorials

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesLAW1LIM AND LAW2CTA

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Readings

Fundamental Tax Legislation

Resource TypeRecommended

Resource RequirementN/A

AuthorDale Pinto, Keith Kendall & Kerrie Sadiq

Year2019

Edition/VolumeN/A

PublisherThomson Reuters

ISBNN/A

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Australian Taxation Law Cases

Resource TypeRecommended

Resource RequirementN/A

AuthorRichard Krever

Year2019

Edition/VolumeN/A

PublisherThomson Reuters

ISBNN/A

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Principles of Taxation Law

Resource TypePrescribed

Resource RequirementN/A

AuthorSadiq et al

Year2019

Edition/VolumeN/A

PublisherThomson Reuters

ISBN978-0-455-24176-0

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

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.

Subject options

Select to view your study options…

Start date between: and    Key dates

On-Line, 2021, Semester 1, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorMira Stammers

Class requirements

Unscheduled Online ClassWeek: 10 - 22
Two 12.00 h unscheduled online class per study period on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Final Exam ( 2000 word equivalent)

N/ACentral examIndividualNo40 SILO1, SILO2, SILO3, SILO4

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

N/AAssignmentIndividualNo40 SILO1, SILO4

2 Quizzes (250 words each)

N/AQuizzesIndividualNo20 SILO1, SILO2