Course Title: Taxation 2

Part A: Course Overview

Course Title: Taxation 2

Credit Points: 12.00

Terms

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,
Sem 2 2018,
Sem 2 2019,
Sem 2 2020,
Sem 2 2021

Course Coordinator: Dr Venkat Narayanan

Course Coordinator Phone: +61 3 9925 5706

Course Coordinator Email: venkat.narayanan@rmit.edu.au

Course Coordinator Location: Building 80, City Campus

Course Coordinator Availability: via email


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

-


On successful completion of this course, you should be able to:

CLO1: Analyse and apply principles of case law and taxation law such as the Tax Administration Act, International Tax Agreements, the Goods and Services Tax Legislation and the Income Tax Assessment Acts 1936 and 1997 to a wide range of situations with diverse clients and needs.

CLO2: Apply legal research methodology to formulate a legal argument and critical analysis of the issues relating to selected areas of taxation law.

CLO3: Justify how changes in taxation law may affect business practice and the provision of advice.

CLO4: Use professional communication and research skills to evaluate, implement, analyse and theorise about developments in the area of taxation law.


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 MyRMIT Studies\Canvas. 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.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 


Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 25%
Linked CLOs: 1, 2

Assessment Task 2: 25%
Linked CLOs: 1, 2, 3, 4

Assessment Task 3: 50%
Linked CLOs: 1, 2, 3, 4

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.