LA4023 - Taxation Law

Credit points:	03
Year:	2006
Student Contribution Band:	Band 3
Administered by:

The constitutional division of taxing powers and the constraints on the Commonwealths power to tax; the operation and administration of Australias Income Tax system.

Learning Outcomes

• calculate the taxation consequences of: capital gains and losses; eligible termination payments; and primary production income;
• calculate the taxation liability of those who derive assessable income as individuals; through partnerships and trusts; and either as or through companies;
• describe the collection mechanisms used by the Australian Taxation Office;
• describe the legal basis for the exercise of the Commonwealths taxation power;
• explain the major anti-avoidance provisions of the Income Tax Assessment Act;
• identify those outgoings which are deductible for income taxation purposes;
• identify those receipts which form part of taxable income.

Prerequisites:	LA2011 and LA2012
Inadmissible Subject Combinations:	CO3513 and LA4001

Availabilities
, , Study Period 1
Census Date 24-Mar-2006
Coordinator:	Empro Stephen Graw
Lecturer:	afjhd.
Contact hours:	26 hours 12 hours
Assessment:	(60%); (40%).
, , Study Period 1
Census Date 24-Mar-2006
Coord/Lect:	Empro Stephen Graw.
Contact hours:	26 hours 12 hours
Assessment:	(60%); (40%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.