LAW4704 Taxation law
Faculty of Law
LAW4704 Taxation law is a level 4, 6-credit-point, undergraduate unit from the Faculty of Law, offered in 2024 in Semester 1 at Clayton. It has no prerequisites and unlocks 2 units.
- Credit points
- 6
- Offered in 2024
- Semester 1
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before LAW4704
No prerequisites or corequisites besides the enrolment rules below.
After LAW4704
2 units list LAW4704 as a prerequisite or corequisite.
Enrolment rules
You must have completed at least 60 credit points of law study.
Equivalent units
The same content under another code. Only one of them counts.
Overview
The unit examines key aspects of the Commonwealth income tax, goods and services tax and superannuation tax systems. It examines taxation theory and policy and maps the constitutional and administrative framework of the federal tax system. The unit focuses on the following topics: goods and services tax, ordinary and statutory income, general and specific deductions, capital allowances, capital gains tax, taxation of companies and shareholders and the taxation of superannuation contributions and investments. Special emphasis is placed on how the taxation law applies to common commercial transactions.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Collaborative group research paperAssignment40%
- Final examExam60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Understand the basic theoretical, constitutional, administrative and policy framework that underpins the Australian federal taxation system;
- 2
Understand fundamental principles of goods and services tax, income tax and superannuation tax law;
- 3
Understand how to calculate tax liabilities;
- 4
Research, select and apply basic principles of taxation law to generate appropriate responses to practical legal problems and commercial issues;
- 5
Articulate key concepts concerning the operation of the tax system and evaluate these concepts within theoretical, policy, constitutional and commercial contexts;
- 6
Apply interpretive techniques to synthesize legal principles from judicial decisions and apply statutory interpretation principles to determine the meaning of complex legislation;
- 7
Evaluate the basic taxation law implications of common commercial transactions; and
- 8
Communicate and collaborate in ways that are effective, appropriate and persuasive.
Workload and teaching
- Seminars36 hours
- 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. 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.
Learning resources
Required resources
See the Moodle unit page for prescribed and recommended resources. Prescribed texts are usually available for purchase through the University Bookstore and are sometimes available for short-term loan or as eBooks through the library.
Contacts
- Chief Examiners
- Professor Stephen Barkoczy
Common questions
What are the prerequisites for LAW4704?
LAW4704 has no prerequisites, but enrolment rules apply.
What can I take after LAW4704?
LAW4704 is a prerequisite or corequisite for 2 units, including BTX3350 and LAW4322.
When is LAW4704 offered?
In 2024, LAW4704 runs in Semester 1 at Clayton.
How much work is LAW4704?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does LAW4704 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.