Postgraduate - UnitBTF5965 - Taxation law

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Business Law and Taxation
Offered	Caulfield First semester 2014 (Evening) Caulfield Second semester 2014 (Evening)
Coordinator(s)	Mr Jonathan Teoh (First semester); Dr Ken Devos (Second semester)

Synopsis

The unit covers the concepts of income taxation and the taxation of capital gains in their underlying historical, social and constitutional contexts. It includes discussion and learning of the policy and constitutional matrices of taxation, the legal definition of income, taxation of income from personal services and business, taxation of fringe benefits, indirect taxation of goods and services, taxation of capital gains, taxation of companies and allowable deductions from gross income in personal and business contexts.

Outcomes

The learning goals associated with this unit are to:

identify conceptual structures in the core income tax provisions and apply them in an ordered approach
understand fundamental tax concepts to determine income and deductions, and together with appropriate judicial principles, apply them to personal, business and property scenarios
calculate income tax, CGT and GST liabilities; and the taxable value of fringe benefits
understand the operation of the taxation system; the interaction of GST with other taxes; and some tax accounting principles.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Dr Ken Devos

Workload requirements

Minimum total expected workload equals 144 hours per semester

Prerequisites

Students must have passed one unit from the following: BTX9020, BTX9500, BTX5950 or MBA9002 before undertaking this unit. Students enrolled in Master of Business Law have no prerequisite.

Co-requisites

Students enrolled in 3159 Master of Business Law must undertake BTF5903 whilst also undertaking this unit.

Prohibitions

BTG9270 and BTX9651