LAW5350 Principles of taxation

When you finish this unit, you should be able to:

1. 1

   Demonstrate understanding of the important role and impact of taxation law in structuring common commercial transactions, as well as the fundamental policies and concepts that underpin the Australian federal taxation system. 

2. 2

   Identify and prioritise the operation of a number of important taxation provisions and regimes in order to calculate income tax, goods and services tax and other tax liabilities.

3. 3

   Evaluate fundamental taxation policies and concepts within a theoretical and practical framework in order to make reasoned and appropriate choices on the alternative tax outcomes of common commercial transactions.

4. 4

   Apply statutory interpretation principles to judicial decisions in order to determine the meaning of complex taxation legislation.

5. 5

   Exercise advanced and integrated professional judgment to evaluate practical considerations arising under the taxation law and communicate these effectively to clients.