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Unit of study_
CLAW6026: Taxation Law and Practice
2024 unit information
Taxation is an inevitable reality for all individuals and businesses. The impact of taxation on business structures, transactions and decisions is both real and significant. An understanding of how taxation law works is not only vitally important for professional accountants but is also an essential management skill in an increasingly complex business environment. This unit introduces students to the principal forms of taxation within the Australian taxation system with a focus on concepts and principles of income tax law. Students also learn how tax law is applied in practice. This unit covers key concepts of taxation in Australia (including the concepts of income, capital gains tax, deductions, and the residence and source principles) and examines the taxation of different entities (including partnerships, trusts and companies). The taxation of international business transactions is also considered.
Unit details and rules
Managing faculty or University school:
Accounting
| Code | CLAW6026 |
|---|---|
| Academic unit | Accounting |
| Credit points | 6 |
|
Prerequisites:
?
|
CLAW5001 or CLAW5214 |
|---|---|
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Corequisites:
?
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None |
| Prohibitions:
?
|
CLAW5002 |
| Assumed knowledge:
?
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None |
At the completion of this unit, you should be able to:
- LO1. analyse and critically evaluate alternative tax practices based on a good understanding of key concepts of taxation and major constraints in business environment
- LO2. determine tax implications of various business transactions by applying knowledge of the tax law and practice for individuals and businesses
- LO3. compute tax liabilities for individuals and business entities
- LO4. refine academic writing and presentation skills.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 1 2024
|
Normal day | Camperdown/Darlington, Sydney | |
|
Semester 2 2024
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
