LAW3130 Revenue Law and Practice
| Subject | Cat-nbr | Class | Term | Mode | Description | Units | Campus |
| LAW | 3130 | 90898 | 2, 2009 | EXT | Revenue Law and Practice | 1.00 | Toowoomba |
|---|
| Academic group: | FOBUS |
| Academic org: | FOB010 |
| Student contribution band: | 3 |
| ASCED code: | 090911 |
Contents
- Staffing
- Requisites
- Other requisites
- Rationale
- Synopsis
- Objectives
- Topics
- Texts
- Reference materials
- Student workload
- Assessment details
- Important assessment information
- Assessment notes
- Other requirements
- Production date
-
PDF version
STAFFING
This information will be available from 07-02-2009
REQUISITES
Pre-requisite: (ACC1101 and LAW2106) or (LAW2202 and LAW3206 for Students enrolled in one of the following Programs: BLAW or BABL or BBBL or BCBL) or (LAW5602 and LAW5706 for Students enrolled in Program: DJUR)OTHER REQUISITES
Students are required to have access to a personal computer, e-mail capabilities and Internet access to USQConnect. Current details of computer requirements can be found at <http://www.usq.edu.au/business/student/computerreq.htm>.RATIONALE
An understanding of the principles of taxation is one of the most important and useful tools for anyone seeking advancement to senior management status in the corporate world, to those providing accounting or financial services to business and to those seeking to be professional accountants or lawyers. It is also equally important for individuals in managing their personal affairs. There would be no major business decision in Australia, from the purchase of an item of plant to the overall organisation of a business structure, which is taken without regard to the taxation implications. Indeed, tax is often the motivating factor behind a decision or action. A study of taxation law involves not only an attainment of knowledge of the provisions of the various Tax Acts, but also a large volume of case law which has defined and/or clarified both the acts or general concepts not defined in the Acts, as well as the ability to apply this knowledge to factual situations.
SYNOPSIS
In order to participate in the planning of a client's tax affairs it is necessary to understand the relevant sections of the appropriate taxation laws applicable to the transaction or entity structure. This course primarily introduces students to the Income Tax Assessment Act (ITAA) and the Goods and Services Tax Act 1999 (GSTA). Topics covered include assessable income, residency, capital gains tax, allowable deductions, classes of taxpayers, calculation of tax payable and offsets/rebates of tax, tax administration provisions and the taxation of business entities. Goods and Services Tax is also covered in detail.
OBJECTIVES
This information will be available from 07-02-2009
TOPICS
This information will be available from 07-02-2009
TEXT and MATERIALS required to be PURCHASED or accessed
This information will be available from 07-02-2009
REFERENCE MATERIALS
This information will be available from 07-02-2009
STUDENT WORKLOAD REQUIREMENTS
This information will be available from 07-02-2009
ASSESSMENT DETAILS
This information will be available from 07-02-2009
IMPORTANT ASSESSMENT INFORMATION
This information will be available from 07-02-2009
ASSESSMENT NOTES
This information will be available from 07-02-2009
OTHER REQUIREMENTS
This information will be available from 07-02-2009
This version produced 13 Oct 2008.