This unit (BLO5539) explores the tax regime in Australia, through a critical review of relevant law and the broader administrative environment detailing the role of the Australian Taxation Office and Tax Practitioners Board. A thorough understanding of the tax regime is then applied to the taxation and administrative requirements of numerous entities. Students should be able to advise on complex tax issues, using professional judgement and respecting anti-avoidance provisions.
Unit details
Location:
Study level:
Postgraduate
Credit points:
12
Unit code:
BLO5539
Prerequisites
BLO5540 - Business and Company Law
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Learning Outcomes
| 1. | Resolve tax problems by applying common law and legislation in Australia's tax system, including the Tax Agent Services Act 2009; | ||
| 2. | Interrogate the core provisions and the interaction between the Goods and Services Tax, Fringe Benefits Tax, Income Tax, Capital Gains Tax and Trading Stock in Australia; | ||
| 3. | Critically review and explain the specific taxing requirements of each of the key entities that operate in the Australian taxation system; | ||
| 4. | Critically review and explain the key areas of taxation administration; including returns, assessments, withholding, rulings, appeals, information requests and the differences between planning, evasion and avoidance; | ||
| 5. | Exemplify professional judgements and advise on issues relating to tax payable by individuals, companies, superannuation funds and other business structures; and, | ||
| 6. | Review and explain developing taxation law in areas such as International Taxation and Advanced Capital Gains Tax. |
Assessment
| Assessment type | Description | Grade |
|---|---|---|
| Assignment | 3 x scenario-based practical tax problems (progressive assessments, 10% each) | 30% |
| Presentation | Group presentation on letter of advice | 20% |
| Test | Open book final test | 50% |
Required reading
Foundations of Taxation Law 13th ed
Barkoczy, S., (2020)
Oxford University Press, USA
Where to next?
As part of a course
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