LA4023 - Taxation Law
| Credit points: | 03 |
| Year: | 2019 |
| 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 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;
- 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;
- identify those outgoings which are deductable for income taxation purposes.
| Prerequisites: | (LA1101 and LA1102) or BU1112 or BU2111 or CO1501 |
| Inadmissible Subject Combinations: | BU3112 BX3112 CO3513 |
Availabilities | |
| Townsville, , Study Period 1 | |
| Census Date 28-Mar-2019 | |
| Contact hours: |
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| Assessment: | end of semester exam (60%); other exams (40%). |
| Cairns, , Study Period 1 | |
| Census Date 28-Mar-2019 | |
| Contact hours: |
|
| Assessment: | end of semester exam (60%); other exams (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.