LAWS2206 Taxation Law

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 2 core unit in the Business Law major sequence
  • The area of knowledge for this unit is Management and Commerce
  • Category B broadening unit for students
  • Level 2 elective
Content
This unit gives students a basic understanding of how the Australian taxation laws apply to a wide variety of business and financial transactions. It correlates with other units offered in the Business Law major.
Outcomes
Students are able to (1) gain a basic understanding of the Australian taxation law and the following key concepts in particular: income, fringe benefits, deductions, capital allowances, trading stock and tax accounting; (2) grasp how the taxation laws apply to companies, partnerships and trusts at a basic level; (3) generally understand the goods and services tax; (4) understand how the tax system is administered and a tax agent's professional and ethical responsibilities; (5) solve basic to moderately complicated problems involving the computation of the taxable income of an individual; and (6) understand and explain the taxation implications of a range of business transactions.
Assessment
Indicative assessments in this unit are as follows: (1) tutorial participation; (2) assignment; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Jared Clements and Nicole Wilson-Rogers
Unit rules
Prerequisites:
(LAWS1104 Introduction to Law
or
LAWS1120 Australian Legal Principles and Institutions
or
equivalent)
and
(LAWS2301 Company Law
or
LAWS2201 Legal Framework of Business); for pre-2012 courses: any two relevant Level 1 units
or
equivalent
Contact hours
workshops: 6 x 2 hours, Practical Classes: 11 x 1 hour
Unit Outline
Semester 2 [SEM-2 ]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.