This unit introduces students to the Australian tax system. It provides you with an understanding and knowledge of the theory and practice of tax law in Australia. More specifically, this subject is designed to enable you to understand the major types of taxes in Australia, including the income taxation regime; the Goods and Services Tax (GST); Fringe Benefits (FBT) and Capital Gains Taxes. Taxation of companies, partnerships, trusts and some aspects of international taxation are also considered. In addition, this unit enables you to comprehend the impact that various taxes have on business, individual decisions and consequent tax planning.

Topics covered include:

  • Foundation of taxation
  • Income
  • Capital Gains Tax
  • Deductions
  • FBT and GST
  • Taxation of different business structures.

Learning outcomes

  • Recognise the structure of the tax system and identify taxes in Australia
  • Understand and analyse the key principles and features of income tax and deductions
  • Identify and analyse the various aspects of taxation of companies, trusts and partnerships
  • Recognise and analyse the legal issues related to CGT, FBT and GST
  • Develop high-level analytical skills in the use and reading of cases, statutes and other tax law material; apply these skills in complex tax fact situations to the resolution of these issues.

Unit assessor

Dr Alessandro Pelizzon
Lecturer with the School of Law and Justice, Interim Course Coordinator (LLM).

Assessment

  • Quiz (due Week 3): 15%
  • Report (due Week 5): 35%
  • Exam, take-home (due Week 7): 50%.

Courses

You can study this unit as part of the Master of Laws (Business Law) and Master of Business Law.

 

Please note, unit structure and content are subject to change. Contact your SCU Online student advisor on 1300 589 882 for more information based on your particular circumstances.