Course Title: Taxation 2

Part A: Course Overview

Course Title: Taxation 2

Credit Points: 12


Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

JUST1046

City Campus

Undergraduate

615H Accounting

Face-to-Face

Sem 2 2006,
Sem 2 2007,
Sem 2 2009

LAW2466

City Campus

Undergraduate

615H Accounting

Face-to-Face

Sem 1 2010,
Sem 2 2010,
Sem 2 2014

Course Coordinator: Michael Curran

Course Coordinator Phone: +61 3 9925 5762

Course Coordinator Email:michael.curran@rmit.edu.au


Pre-requisite Courses and Assumed Knowledge and Capabilities

Prerequisites

None

Required Prior Study

Students should have successfully completed the RMIT course, Taxation 1, or its equivalent prior to enrolling into Taxation 2


Course Description

The Course aims to provide accountants and other business professionals with a broad knowledge of a range of more advanced taxation topics. The course considers the provisions of a wide range of legislation such as the Tax Administration Act, International Tax Agreements, the Goods and Services Tax Legislation and the Income Tax Assessment Acts of 1936 and 1997.

Students undertaking the course will further develop their legal skills in reading, understanding and applying complex and dynamic legislation, case materials and taxation rulings. This involves development of the student’s ability to analyse legal problems and to express ideas in a precise manner. These skills, together with the appropriate legal knowledge are essential for accountants and other business professionals. While aspects of legal knowledge are continually changing, the development of generic legal skills and will enable business professionals to keep abreast of changes in the law and be in a position to provide appropriate advice. In these respects, the Course plays a vital role in professional development of accountants and other professionals such as financial planners
 


Objectives/Learning Outcomes/Capability Development

To achieve the objectives listed above this Course requires you to participate in various learning activities. These activities comprise the following:

• Attending Seminars
• Reading and studying the textbooks, lecture notes and appropriate internet sites.
• Formulation of legal argument and discussion of taxation issues arising from seminars.
• Researching and preparing a research project and research presentation
• Preparing answers to a class test
 


On completion of the Course students should be able to:

a. Have an appreciation of the role and purpose of the legislative framework of a wide range of legislation such as the Tax Administration Act, International Tax Agreements, the Goods and Services Tax Legislation and the Income Tax Assessment Acts 1936 and 1997, and the general scheme by which these Acts operate.
b. Exercise skills in legal methodology in selected areas of taxation law.
c. Understand the underlying principles of taxation law and how to apply these in various situations.
d. Identify and apply relevant sections of legislation and principles of case law.
e. Develop awareness of how changes in taxation law may affect business practice and the provision of advice.
f. Effectively research textbooks, tutorial books, cases, journals, electronic databases and internet resources relevant to taxation law and extract meaningful information.
 


Overview of Learning Activities

As an advanced taxation law course, Taxation Law 2 has a strong emphasis on students engaging in discussion during seminar times.
It is assumed that researching resources and attempting set problems will be completed by students prior to attending seminars. This ensures that valuable discussion, extension of concepts and issues requiring clarification can be attended to in the seminar.


Overview of Learning Resources


Lecture material of the various topics will be available to registered students on the Learning Hub.  The lecture material provides specific references to case law, legislation and legal principles.

You should use the lecture materials provided in order to prepare your own notes made from your reading of the lecturer materials supplemented by your reading of the various texts, casebooks, legislation and internet materials.
 


Overview of Assessment

 
Assessment in this course could include: assignments, case studies, presentations, research papers, reflective papers, participation and examination.