Taxation Law and Practice

Unit code:BLO2206Study level:Undergraduate

Credit points

12
(Generally, 1 credit = 10 hours of classes and independent study.)

Location

City Campus
VU Sydney

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.
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)

Overview

This unit introduces you 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.

Learning Outcomes

On successful completion of this unit, students will be able to:

Elucidate an understanding of theoretical and technical knowledge of taxation law principles as they apply through both legislation and common law;
Apply taxation law and principles to make practical calculations for businesses and individuals as required in taxation practice;
Resolve tax problems by applying common law and legislation in Australia's tax system, including the Tax Agent Services Act 2009; and,
Evaluate and utilise the various agencies and administrative bodies who can give further information on taxation issues as required.

Assessment

For Melbourne campuses

Assessment type: Test | Grade: 15%

Online quiz

Assessment type: Presentation | Grade: 15%

Income and deductions for taxation purposes (Group)

Assessment type: Assignment | Grade: 30%

Taxation calculations

Assessment type: Test | Grade: 40%

In-class final test: written questions and answers

Other locations

Assessment type: Test | Grade: 15%

Online quiz

Assessment type: Assignment | Grade: 30%

Taxation calculations

Assessment type: Examination | Grade: 40%

Written questions and answers

Assessment type: Presentation | Grade: 15%

Income and deductions for taxation purposes (Group)

Required reading

Principles of Taxation Law.
Clements, J., Krever, R., Sadiq, K. (Ed.), Black, C., Hanegbi, R., Jogarajan, S., Obst, W., & Walpola, S. (2025). | Melbourne: Thomson Reuters.