LAW302 Taxation Law (Issues) (8)

The subject builds upon student understanding of the general principles of tax law covered in LAW301 and entails a study of the taxation of partnership income, trust income, corporate tax entities and their members, consolidated groups, special taxpayers, incentive schemes and financial transactions. Corporate tax losses, net capital losses and bad debts, superannuation, retirement and termination payments, international aspects of income tax, barriers to tax avoidance, tax planning techniques as well as Goods and Services Tax are also covered.

Availability

Session 2 (60)
Online
Bathurst Campus

Continuing students should consult the SAL for current offering details: LAW302. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Accounting and Finance

Prerequisites

LAW301

Learning Outcomes

Upon successful completion of this subject, students should:
  • Be equipped with sufficient knowledge in Australian taxation law to enable them to deal with business persons and legal advisors in an informed and reasoned manner, particularly in respect to;
  • Taxation of partnership income;
  • Taxation of trust income;
  • Taxation of corporate tax entities and their members;
  • Corporate tax losses, net capital losses and bad debts;
  • Taxation of consolidated groups;
  • Special taxpayers and incentive schemes;
  • Taxation of financial transactions;
  • Superannuation, retirement and termination payments;
  • International aspects of income tax;
  • Barriers to tax avoidance;
  • Tax planning techniques; and
  • Goods and Services Tax.
  • Be able to implement a methodology for solving legal problems based on the following steps:
  • Identifying the relevant facts;
  • Identifying the applicable law;
  • Identifying the legal issue/s involved;
  • Addressing the legal issue/s by applying the applicable law to the relevant facts in a logical, chronological, concise and complete manner;
  • Reaching a sound and reasoned conclusion.

Syllabus

This subject will cover the following topics:

Taxation of partnership income Taxation of trust income Taxation of corporate tax entities and their members Corporate tax losses, net capital losses and bad debts Taxation of consolidated groups Special taxpayers and incentive schemes Taxation of financial transactions Superannuation, retirement and termination payments International aspects of income tax Barriers to tax avoidance Tax planning techniques Goods and Services Tax

Indicative Assessment

The following table summarises the assessment tasks for the online offering of LAW302 in Session 2 2019. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Title
Value %
1
Online quiz
5
2
Problem solving question / calculations
35
3
Final exam
60

The information contained in the CSU Handbook was accurate at the date of publication: July 2020. The University reserves the right to vary the information at any time without notice.

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