Concerned with the application of the principles of income tax law to the different classes of taxpayers including companies, partnerships, trusts, superannuation funds, and special taxpayers. While some attention is given to the preparation of returns for each class of taxpayer, the major emphasis is placed upon the rationale underlying the application and modification of the general principles of taxation in each case. Emphasis is also placed upon the administration of taxation, foreign source income and the operation of Goods and Services Tax.
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||discuss the principles of a good tax system as it relates to administration and entities and apply these principles to your analyses of changes to our tax system||Knowledge of a discipline||Communication and social skills|
|2||develop a working knowledge of the law and practice of income taxation in Australia in relation to companies, trusts, partnerships, superannuation funds and specific taxpayers||Ethical practice||Knowledge of a discipline|
|3||explain the principles and application of the goods and services tax (GST)||Ethical practice||Knowledge of a discipline|
|4||solve specific taxation questions and problems in the areas of income tax and goods and services tax with reference to the legislation and judicial cases||Knowledge of a discipline||Communication and social skills|
|5||Analyse and explain various tax planning techniques that can be used to legitimately minimise taxpayers' liability to income tax||Ethical practice||Knowledge of a discipline|
- Barkoczy, S, 2014, Core Tax Legislation & Study Guide, 17th edn, CCH Australia, North Ryde. ISBN: 978 1 92215 59 8.
- CCH, 2014, Australian Master Tax Guide 2014, 54th edn, CCH Australia, North Ryde. ISBN: 978 1 922215 57 4.
- Devos, K, Nethercott, L & Richardson, G, 2014, Australian Taxation Study Manual: Questions and Suggested Solutions, 24th edn, CCH Australia, North Ryde. ISBN: 978 1 925091 32 8 .
Teaching and assessment
|Tutorial online 1 hour (10 weeks)|
|Online MySCU participation||10%|
|Short written response||40%|
|Exam: closed book||50%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2015 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.