79606 Advanced Taxation Law
Warning: The information on this page is indicative. The subject outline for a
particular session, location and mode of offering is the authoritative source
of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.
Subject handbook information prior to 2017 is available in the Archives.
Credit points: 6 cp
Result type: Grade and marks
Requisite(s): 79017 Taxation Law
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 76016 Advanced Revenue Law
Description
This subject builds on the understanding obtained in previous study. It focuses on a deeper analysis in relation to a number of taxation issues including the taxation of companies, trusts and partnerships, further capital gains tax issues, aspects of international taxation, tax administration, and tax planning, with a consideration of anti-avoidance and ethical issues in tax planning.
Subject learning objectives (SLOs)
Upon successful completion of this subject students should be able to:
| 1. | build on the principles developed in Revenue Law; |
|---|---|
| 2. | apply these advanced principles to current taxation Issues; |
| 3. | understand the policies underlying changes in the area of taxation law. |
Teaching and learning strategies
Strategy 1: A mixture of expert lecture and student tutorial problems
Strategy 2: A number of active learning exercises will be employed, which may include problem solving, mini-moots, group questions, debates, multi-media and reporting.
Subject Delivery
There will be three hours per week of classes. This will comprise a 1½ hour lecture and a 1½ hour workshop. The lecture will provide an overview of each topic. The workshop will aim to apply the general principles discussed in lectures to set problems.
Lecture Recording Information
Audio or visual recording of classes for this subject is strictly prohibited unless written approval is sought and given in advance by the Subject Coordinator. Approval for audio or visual recording will usually be limited to medical or hardship reasons, and if approved, must be arranged by the student. Students may only use the audio or visual recording for private study purposes and (to avoid any legal action) permission must be obtained from the Subject Coordinator for any other usage. Given the inter-active nature of classes, any student who does not wish to be audio-taped must advise the Subject Coordinator in advance otherwise permission from students is assumed.
Content (topics)
Topic 1- Choice of business structure
Topic 2 - Taxation of companies and members
Topic 3 - Taxation of partnerships and partners
Topic 4 - Taxation of trusts and beneficiaries
Topic 5 - Captial gains tax
Topic 6 - Aspects of international tax
Topic 7 - Tax aspects of superannuation
Topic 8 - Tax administration
Topic 9 - Tax planning, anti-avoidance and ethics
Assessment
Assessment task 1: Presentation and Tutorial Participation
| Weight: | 25% |
|---|
Assessment task 2: Assignment/Research Paper
| Weight: | 25% |
|---|---|
| Length: | 2500 words |
Assessment task 3: Exam 2 hour open book
| Weight: | 50% |
|---|---|
| Length: | 2 hours |
Required texts
Woellner R., Australian Taxation Law, 2016, UOP
Recommended texts
References:
Kobetsky M, Income Tax: Text, Materials & Essential Cases, Federation Press.
Deutsch R et al, Australian Tax Handbook, Thomson Reuters
Coleman C. et al, Australian Tax Analysis, Thomson Reuters
Gilders F. et al, Understanding Taxation Law, LexisNexus
Kenny P., Australian Tax, LexisNexus
Australian Master Tax Guide, CCH
Legislation:
Fundamental Tax Legislation, Thomson Reuters
Core Tax Legislation and Study Guide, CCH
LexisNexus Concise Tax Legislation
Case books:
Australian Tax Casebook, CCH
Australian Taxation Law Cases, Thomson Reuters
Study guides:
Tax Questions and Answers, Fisher, Hodgson and Mortimer, Thomson Reuters
Australian Taxation Study Manual: Questions and Suggested Solutions, Nethercott, Richardson and Devos, CCH
Other resources
Useful Websites
AustLII - http://www.austlii.edu.au/
Intelliconnect – CCH database accessed through UTS library site
Tax and Accounting – Thomson Reuters database accessed through UTS library site
ATO legal database - http://law.ato.gov.au/atolaw/index.htm
Taxation Institute of Australia - http://www.taxinstitute.com.au/
