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 and 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

Study level:
Undergraduate
Credit points:
12
Unit code:
BLO2206

Prerequisites

NOT COMPATIBLE: BLB3134 Taxation Law PRE-REQUSITE: Before undertaking this unit, students must have successfully completed either BLO1105 Business Law OR BLB1102 Contracts 1. PROHIBITION: Law students that are not enrolled in BBLL or LHLB cannot undertake this unit.

Learning Outcomes

On successful completion of this unit, students will be able to:
  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. Analyse, generate and transmit solutions to complex problems in relation to taxation matters in a professional environment and tailored to the client needs; and  
  5. Evaluate and utilise the various agencies and administrative bodies who can give further information on taxation issues as required.  

Assessment

Assessment type Description Grade
Test Online Quiz 15%
Presentation Presentation 15%
Assignment Written Assignment – letter of advice 30%
Test In-class Final Test 40%

Required reading

Principles of Taxation Law.
Sadiq, K., Coleman, C., Hanegbi, R., Jogarajan, S., Krever, R., Obst, W., Teoh, J., & Ting, A. (2018).
Melbourne: Thomson Reuters.

Further Text: Deutsch, R., Friezer, M., Fullerton, I., Hanley, P., & Snape, T. (2019). The Australian Tax Handbook. 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.

You can choose to study this unit as part of the following courses. Refer to the course page for information on how to structure your course to include this unit.

Study a single unit

This unit may be available as a single unit of study.

Find out more about how to apply for single units of study at VU.

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.