Course overview
This course aims to provide students with an advanced introduction to and overview of the fundamental concepts of taxation law and satisfy the educational requirements of professional bodies and meet legislative requirements to provide Tax (Financial) Advice. Students will acquire the knowledge and skills required for professional practice, incorporating: the Tax Agent Services Act (2009); the income tax, capital gains tax, fringe benefits tax, and goods and services tax regimes; the taxation treatment of partnerships, trusts, minors, companies, and superannuation entities; international taxation; anti-avoidance provisions; tax planning; and tax administration.
Course learning outcomes
- Analyse and apply the operation of the income tax, fringe benefits tax and goods and services tax systems and associated legislation, particularly with respect to topics covered in the syllabus
- Explain and demonstrate application of case law to interpret the legislation
- Construct cogent positions to justify application of the legislation and case law to factual scenarios
- Critically review basic tax planning
- Explicate the administrative aspects of taxation, including assessments, amendments, objections, and appeals
- Critically evaluate policy issues underpinning the income tax system