BTX3350 Business taxation
Faculty of Business and Economics
BTX3350 Business taxation is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 2 at Caulfield. It needs BTB3221, LAW4704, BTC3150, BTF3931 or BTW3221.
- Credit points
- 6
- Offered in 2023
- Semester 2
- Caulfield
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review BTX3350.
Requisites
Before BTX3350
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After BTX3350
No unit lists BTX3350 as a prerequisite in the 2023 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
This unit builds on introductory taxation law units. It covers the taxation of entities, including the acquisition and disposal of business entities. Selected topics are employee remuneration extending to share schemes and termination payments, CGT consequences of death, superannuation and small business concessions. Tax administration, income tax anti-avoidance provisions and tax agent ethics are covered.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment40%
- ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply the tax frameworks to analyse conducting a business through a company, trusts, partnerships or as a sole proprietor
- 2
identify and analyse the taxation issues associated with employee remuneration, superannuation and selected CGT issues
- 3
apply the tax rules that govern acquisition and disposal of businesses, including small business entities
- 4
analyse business transactions from the perspective of tax administration and anti-avoidance provisions.
Workload and teaching
- Seminars36 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
K Sadiq, C Black, R Hanegbi, S Jogarajan, R Krever, W Obst & A Ting, Principles of Taxation Law (Thomson Reuters, 2022 edition)
Bevacqua et al, Australian Taxation (2nd edition, Wiley)
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
BTX3350 is part of 3 areas of study in the 2023 handbook.
Contacts
- Chief Examiners
- Mrs Swapna Verma
Common questions
What are the prerequisites for BTX3350?
You need BTB3221, LAW4704, BTC3150, BTF3931 or BTW3221 before you enrol. Enrolment rules also apply.
When is BTX3350 offered?
In 2023, BTX3350 runs in Semester 2 at Caulfield.
How much work is BTX3350?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BTX3350 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include BTX3350?
BTX3350 is part of Business law and Taxation.