BU3112 - Taxation
| Credit points: | 03 |
| Year: | 2013 |
| Student Contribution Band: | Band 3 |
| Administered by: | School of Law Office |
The constitutional division of taxing powers and the constraints on the Commonwealths power to tax; the operation and administration of Australia's Income Tax system.
Learning Outcomes
- 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;
- calculate the taxation consequences of: capital gains and losses; receipt of superannuation and employment and other termination payments; and primary production income;
- identify those receipts which form part of taxable income or which are taxable as fringe benefits.
Graduate Qualities
- The ability to adapt knowledge to new situations;
- The ability to define and to solve problems in at least one discipline area;
- The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
- The ability to deploy critically evaluated information to practical ends;
- The ability to find and access information using appropriate media and technologies;
- The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
- The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
- The ability to read complex and demanding texts accurately, critically and insightfully;
- The ability to generate, calculate, interpret and communicate numerical information in ways appropriate to a given discipline or discourse;
- The ability to work individually and independently.
| Prerequisites: | (LA1101 AND LA1102) OR BU1112 OR BU2111 OR CO1501 |
| Inadmissible Subject Combinations: | BX3112 CO3513 LA4023 |
Availabilities | |
| Townsville, Internal, Study Period 1 | |
| Census Date 28-Mar-2013 | |
| Coordinator: | Mrs Van Le |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
| External, Study Period 1 | |
| Census Date 28-Mar-2013 | |
| Coordinator: | Professor Stephen Graw, Mrs Van Le |
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
| Cairns, Internal, Study Period 1 | |
| Census Date 28-Mar-2013 | |
| Coordinator: | Mrs Van Le |
| Lecturer: | Professor Stephen Graw. |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
| JCU Singapore, Internal, Study Period 53 | |
| Census Date 14-Nov-2013 | |
| Coordinator: | Mrs Van Le |
| Lecturer: | Mr Thuraisingam Sinnathamby. |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
| JCU Brisbane, Internal, Study Period 21 | |
| Census Date 18-Apr-2013 | |
| Coordinator: | Mrs Van Le |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
| JCU Brisbane, Internal, Study Period 22 | |
| Census Date 15-Aug-2013 | |
| Coordinator: | Mrs Van Le |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
| JCU Brisbane, Internal, Study Period 23 | |
| Census Date 13-Dec-2013 | |
| Coordinator: | Mrs Van Le |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); 2 tests worth 20% each (40%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
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.