Course Title: Taxation Law and Practice

Part A: Course Overview

Course Title: Taxation Law and Practice

Credit Points: 12.00

Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
JUST1079	City Campus	Postgraduate	615H Accounting	Face-to-Face	Sem 1 2006, Sem 2 2006, Sem 1 2007, Sem 2 2007, Sem 1 2008, Sem 2 2008, Sem 1 2009, Sem 2 2009
LAW2471	City Campus	Postgraduate	615H Accounting	Face-to-Face	Sem 1 2010, Sem 2 2010, Sem 2 2015, Sem 1 2016, Sem 1 2017, Sem 2 2017, Sem 1 2018, Sem 2 2018, Sem 1 2019, Sem 2 2019, Sem 1 2020, Sem 2 2020, Sem 1 2021, Sem 2 2021
LAW2471	City Campus	Postgraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	Sem 1 2022, Sem 2 2022, Sem 2 2023, Sem 1 2024
LAW2499	Open Learning Australia	Non Award	615H Accounting	Distance / Correspondence	OUAS3PG20

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 Level 8

Course Coordinator Availability: Please check with Course Coordinator.

Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study
013863 - Business Law
 

Course Description

The course aims to provide you with a sound understanding of the principles of taxation in relation to income tax for individuals and trading entities. The course will further develop legal skills in reading, understanding and applying complex and dynamic legislation, case materials and taxation rulings. This involves development of your 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 skills and will enable such business professionals to keep abreast of changes in the law and be in a position to provide appropriate advice.

This course emphasises presentation and research skills combined with formulation of arguments based on legal principle. 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

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On successful completion of this program you will be able to:

1. Describe the role and purpose of ITAA 1997 and ITAA 1936 and consequences for different taxpayer entities.

2. Apply the underlying principles of taxation laws to various situations involving different taxpayer groups to provide and advice.

3. Research academic journals to integrate new insights to complex real-world problems and policy issues.

4. Identify and evaluate social and political aspects of taxation and how these relate to tax reform.

5. Have the ability to select the most appropriate taxation laws that may apply in any given situation with a view to providing tax advice.

Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

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 alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 20%
Linked CLOs: 1, 2, 3, 4, 5
Assessment Task 2: 30%
Linked CLOs: 3
Final Examination: 50%
Linked CLOs: 1, 2, 3, 4, 5

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.