The aim of this unit is to introduce students to the general principles of the taxation laws of Australia through a study of the Income Tax Assessment Act 1936, Income Tax Assessment Act 1997 and other important legislative provisions as well as a study of the common law applying to taxation principles.
Unit details
Location:
Study level:
Undergraduate
Credit points:
12
Unit code:
BLO2206
Prerequisites
BLO1105 - Business Law or
BLB1102 - Contracts 1
NOT COMPATIBLE: BLB3134 Taxation Law PROHIBITION: Law students that are not enrolled in BBLL, LHLB, BBLC, LBWB and LHWB cannot undertake this unit.
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Learning Outcomes
| 1. | Elucidate an understanding of theoretical and technical knowledge of taxation law principles as they apply through both legislation and common law; | ||
| 2. | Apply taxation law for both individuals and business entities in Australia; | ||
| 3. | Apply taxation principles to make basic calculations as required by a practitioner in taxation practice; | ||
| 4. | Resolve tax problems by applying common law and legislation in Australia's tax system, including the Tax Agent Services Act 2009; and | ||
| 5. | Evaluate and utilise the various agencies and administrative bodies who can give further information on taxation issues as required. |
Assessment
Melbourne campuses
Students studying under the VU Block Model.
| Assessment type | Description | Grade |
|---|---|---|
| Test | Online quiz | 15% |
| Presentation | Presentation | 15% |
| Assignment | Written assignment – letter of advice | 30% |
| Test | In-class final test | 40% |
Other locations
| Assessment type | Description | Grade |
|---|---|---|
| Test | Online quiz | 15% |
| Assignment | Written assignment - letter of advice | 35% |
| Test | In-class final test | 50% |
Required reading
Principles of Taxation Law.
Sadiq, K., Black, C., Hanegbi, R., Jogarajan, S., Krever, R., Obst, W., & Ting, A. (2021).
Melbourne: Thomson Reuters.
Where to next?
As part of a course
This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.
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