Taxation Law and Practice

    Unit code: BLO2206 | Study level: Undergraduate
    Credit points
    12
    (Generally, 1 credit = 10 hours of classes and independent study.)
    Location
    City Campus
    Footscray Park
    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)
    Overview
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    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:

    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 and principles to make practical calculations for businesses and individuals as required in taxation practice;
    3. Resolve tax problems by applying common law and legislation in Australia's tax system, including the Tax Agent Services Act 2009; and,
    4. 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%
    Presentation (Group)
    Assessment type: Assignment
    |
    Grade: 30%
    Taxation calculations
    Assessment type: Test
    |
    Grade: 40%
    In-class final test: written questions and answers

    Other locations

    For students studying at Central University of Finance and Economics, Henan University, Liaoning University
    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%
    Presentation (Group)

    Required reading

    Principles of Taxation Law.
    Sadiq, K., Black, C., Hanegbi, R., Jogarajan, S., Krever, R., Obst, W., & Ting, A. (2021).| Melbourne: Thomson Reuters.

    As part of a course

    This unit is studied as part of the following course(s):

    Bachelor of Accounting
    BBAQ | Bachelor degree | Duration: 3 years
    Bachelor of Laws (Honours)/Bachelor of Commerce (Applied Finance)
    LHLC | Bachelor honours degree | Duration: 5 years

    Refer to the course page for information on how to apply for the course. 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.

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