LAWS 7069 Revenue Law
Credit Points 10
Legacy Code 201071
Coordinator Elen Seymour Opens in new window
Description This subject examines the legal basis for the Australian taxation system and its application. It will cover taxation of income from personal exertion, business and property, as well as the taxation of fringe benefits provided in the context of employment and the goods and services tax (popularly known as the GST). Lectures and tutorials cover the constitutional basis of taxation, income tax assessment and the concepts of income tax, allowable deductions, other federal and state taxes, taxation of business associations (partnerships, companies, trusts and primary producers), taxation accounting, administration and practice, taxation planning and avoidance.
Discipline Taxation Law
Student Contribution Band HECS Band 4 10cp
Level Postgraduate Coursework Level 7 subject
Pre-requisite(s) LAWS 7058 AND
Students must be enrolled in 2826 Juris Doctor.
On successful completion of this subject, students should be able to:
- 1. Explain the key elements of the Australian Income Tax System and the Goods and Services Tax System.
- 2. Examine the relevance of tax law information in a decided taxation case, effectively and appropriately, how the case law and legislation are applied in solving tax law problems.
- 3. Apply their understanding of revenue law concepts to analysing and solving practical problems.
- 4. Use a range of research tools to locate and evaluate the quality, currency and relevance of legal information.
- Introduction to the legal and policy framework in which the Australian taxation system operates.
- Taxation of Remuneration
- Assessable Income: Income from Business
- Assessable Income: Capital Gains Tax
- Allowable Deductions: General Deductions
- Allowable Deductions: Specific Deductions
- Entities: Taxation of Partnership Income
- Entities: Taxation of Trust Income
- Entities: taxation of companies
- Tax Administration
- Tax Avoidance
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.
|Reflection||3 x 500 word reflections||15||N||Individual|
|Professional Task||2,000 words||35||N||Individual|
|Final Exam||2 hours||40||N||Individual|
- Sadiq K, et al Principles of Taxation Law 2023 (Thomson Reuters, 16th ed, 2023)
Subject Contact Elen Seymour Opens in new window