LAWS 3070 Taxation Law

Credit Points 10

Legacy Code 200187

Coordinator John Azzi Opens in new window

Description This unit covers the constitutional basis of taxation, the process of determining income tax liability, the concept of income tax and allowable deductions, taxation of fringe benefits, taxation of certain entities (partnerships, companies and trusts), tax accounting, trading stock provisions, tax administration and practice, taxation planning and avoidance, and the Goods and Services Tax.

School Law

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Undergraduate Level 3 subject

Pre-requisite(s) LAWS 2010

Equivalent Subjects LGYA 9867 - Taxation Law and Practice LGYB 3529 - Taxation (V1) LGYB 8505 - Taxation Law

Incompatible Subjects LAWS 4008 - Revenue Law

Restrictions Students enrolled in 2502 Bachelor of Laws (Non graduate entry) must obtain permission to enrol in this subject.

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Identify and explain the key elements of the Australian Income Tax System and the key tax law principles.
  2. Apply understanding of legislation, cases and rulings to analysing and solving practical problems, examining theoretical legal issues and performing tax calculations.

Subject Content

The constitutional basis of taxation
The process of determining income tax liability
The concept of income tax and allowable deductions
Taxation of fringe benefits
Taxation of certain entities (partnerships, companies and trusts)
Tax accounting
Trading stock provisions
Tax administration and practice
Taxation planning and avoidance
The Goods and Services Tax

Assessment

The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.

Item Length Percent Threshold Individual/Group Task
Quizzes 5 quizzes. Each quiz is of 5 multiple choice questions. Each question is worth 1 mark. The best 4 of 5 quiz results will be included in the final mark. Each quiz is of 15 minutes duration. 20 N Individual
Intra-Session Exam (Take-home exam) 72 hours, 1,750 words 30 N Individual
Final Examination 2 hours 50 Y Individual

Prescribed Texts

  • Richard Krever et al, Principles of Taxation Law 2021 (Thomson Reuters, 2020) (2020 editions are acceptable)
  • Kerrie Sadiq, Dale Pinto, Fundamental Tax Legislation 2021 (Thomson Reuters, 2021) (2020 editions are acceptable)
  • Kerrie Sadiq et al, Principles of Taxation Law 2020 (Thomson Reuters, 2020).
  • Dale Pinto et al, Fundamental Tax Legislation 2019 (Thomson Reuters, 2019). (Please note that the 2018 edition is acceptable)

Teaching Periods

2022 Semester 1

Parramatta City - Macquarie St

Day

Subject Contact John Azzi Opens in new window

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Evening

Subject Contact John Azzi Opens in new window

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2022 Trimester 1

Wsu Online

Online

Subject Contact Matthew Kelly Opens in new window

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2022 Semester 2

Parramatta City - Macquarie St

Day

Subject Contact John Azzi Opens in new window

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Evening

Subject Contact John Azzi Opens in new window

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2022 Trimester 3

Wsu Online

Online

Subject Contact Matthew Kelly Opens in new window

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Sydney City

Day

Subject Contact Neelam Goela Opens in new window

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