Introduces students to the Australian tax system. This subject seeks to provide you with an understanding and knowledge of the theory and practice of tax law in Australia. More specifically, this subject is designed to enable you to understand the major types of taxes in Australia, including the income taxation regime, the Goods and Services Tax, Fringe Benefits and Capital Gains Taxes. Taxation of companies, partnerships, trusts and some aspects of international taxation are also considered. In addition, this subject aims to enable you to comprehend the impact that various taxes have on business, individual decisions and consequent tax planning.
Topic 1: Foundation of Taxation
Topic 2: Income
Topic 3: Capital Gains Tax
Topic 4: Deductions
Topic 5: FBT and GST
Topic 6: Taxation of Different Business Structures
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||Recognise the structure of the tax system and identify taxes in Australia||Intellectual rigour||Knowledge of a discipline|
|2||Understand and analyse the key principles and features of income tax and deductions||Knowledge of a discipline|
|3||Identify and analyse the various aspects of taxation of companies, trusts and partnerships||Intellectual rigour||Knowledge of a discipline|
|4||Recognise and analyse the legal issues related to CGT, FBT and GST||Intellectual rigour||Knowledge of a discipline|
|5||Develop high level analytical skills in the use and reading of cases, statutes and other tax law material and apply these skills in complex tax fact situations to the resolution of these issues||Intellectual rigour||Knowledge of a discipline||Communication and social skills|
Study Period 4
- Taylor J, Walpole M, Burton M, Ciro T, Murray I, 2017, Understanding Taxation Law 2017, LexisNexis. ISBN: 9780409344851.
Teaching and assessment
SCU Online (intensive)
|Structured online learning|
|Exam: take home||40%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2017 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.