BX3112 - 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:	CO3513 LA4023 BU3112

Availabilities
Townsville, Internal, Study Period 1
Census Date 28-Mar-2013
Contact hours:	26 hours lectures 12 hours tutorials
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
Contact hours:	26 hours lectures 12 hours tutorials
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
Lecturer:	Mr Thuraisingam Sinnathamby.
Contact hours:	26 hours lectures 12 hours tutorials
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
Contact hours:	26 hours lectures 12 hours tutorials
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
Contact hours:	26 hours lectures 12 hours tutorials
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
Contact hours:	26 hours lectures 12 hours tutorials
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.