Taxation Law and Practice - 2017

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2017: Sess 3
  • Availability for 2018: Sess 3
  • Assessment: Assessment - Research Assignment (30%) , Invigilated Exam - Final Exam (50%) - Learn more

Unit provided by

2017 Fees
Domestic 3,000.00
International 3,250.00

The unit aims to provide you with a sound understanding of the principles and the practical aspects of Australian Taxation Law in relation to income tax for individuals and other entities. The unit considers the provisions of the Income Tax Assessment Acts of 1936 and 1997 and gives emphasis to the issues of assessable income and allowable deductions in respect of the common law and statutory provisions as well as the impact of offsets and rebates. The unit also considers the Fringe Benefit Tax Assessment Act 1986 and the Goods and Services Tax Act 2000.

This unit emphasises presentation and research skills combined with formulation of arguments based on legal principle. In these respects, the unit plays a vital role in professional development of accountants and other professionals such as financial planners.

At the completion of this unit you will be able to:

  1. Understand and interpret the underlying principles of taxation law to a variety of legal entities
  2. Apply principles of taxation law to hypothetical and practical legal situations
  3. Read and comprehend taxation legislation and relevant taxation common law cases and principles
  4. Critically analyse taxation problems and make judgements in the provision of sound, reasoned advice
  5. Express that advice in writing in a precise manner
  6. Develop your awareness of how changes in taxation law may affect business practice and the provision of advice
  7. Effectively research textbooks, tutorial books, cases, journals, electronic databases and internet resources relevant to taxation law and extract meaningful information.
  • Assessment — Research Assignment (30%)
  • Invigilated Exam — Final Exam (50%)
  • Online Discussion — Discussion Forum (20%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

1Introduction and Overview of Australian Tax System, Basic Scheme of the ITAA36 and ITAA97
2Residence - individual residence and company
3Source of Income
4Derivation of income
5The General Concept of Income, Employment and Personal Services Income
6Business Income
7Capital Gains Tax
8Fringe Benefits Tax
9General Allowable Deductions
10Specific Deductions
11Tax Offsets
12Trading Stock
13Capital Allowances
14Taxation of Partnerships
15Taxation of Companies, Taxation of Dividends and the Imputation System
16Goods and Services Tax

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online Quizzes/Tests
  • Online assignment submission

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Principles of Taxation Law 2017

    By:Sadiq et al

    ISBN: 9780455239309


    Supplier:Go to The Co-op Bookshop

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