ACCG924
Taxation Law
S2 Day 2014
Dept of Accounting & Corporate Governance

Contents
General Information

2

Learning Outcomes

3

Assessment Tasks

3

Delivery and Resources

6

Unit Schedule

8

Policies and Procedures

11

Graduate Capabilities

14

Changes from Previous Offering

15

Research and Practice

15

Disclaimer
Macquarie University has taken all reasonable measures to ensure the information in this publication is accurate and up-to-date. However, the information may change or become out-dated as a result of change in University policies, procedures or rules. The University reserves the right to make changes to any information in this publication without notice. Users of this publication are advised to check the website version of this publication [or the relevant faculty or department] before acting on any information in this publication.

http://unitguides.mq.edu.au/unit_offerings/40227/unit_guide/print

1

Unit guide ACCG924 Taxation Law

General Information
Unit convenor and teaching staff
Unit Convenor
Catriona Lavermicocca catriona.lavermicocca@mq.edu.au Contact via catriona.lavermicocca@mq.edu.au
E4A308
Staff teaching in the unit will be available for individual consultation with students. A timetable of when staff will be available will be posted on the unit’s iLearn site.
Lecturer
Shirley Murphy shirley.murphy@mq.edu.au Contact via shirley.murphy@mq.edu.au
Lecturer
Tom O'Sullivan tom.osullivan@mq.edu.au Contact via tom.osullivan@mq.edu.au
Lecturer
Ming Wong-Too-Yuen ming.wong-too-yuen@mq.edu.au Contact via ming.wong-too-yuen@mq.edu.au
Lecturer
Patrick Gallagher patrick.gallagher@mq.edu.au Contact via patrick.gallagher@mq.edu.au
Credit points
4
Prerequisites
(ACCG614 or ACCG854) and (admission to MAcc(Prof ) or MAcc(CPA) or MAcc(Prof )MCom)
Corequisites
Co-badged status

http://unitguides.mq.edu.au/unit_offerings/40227/unit_guide/print

2

Unit guide ACCG924 Taxation Law

Unit description
This unit details and analyses the laws relating to income tax, fringe benefits tax and the goods and services tax in Australia. Students completing this unit will review legislative provisions, case law and rulings and apply their knowledge of the taxation laws to a variety of fact situations and case studies as well as participate in group discussion.

Learning Outcomes
1. Identify, analyse and apply the law relating to income taxation.
2. Identify, analyse and apply the law relating to GST.
3. Identify, analyse and apply the law relating to FBT.
4. Interpret the relevant tax laws and related legal precedents and apply them to a problem or fact situation.
5. Determine a particular taxpayer's final income tax, GST and FBT liability.
6. Present verbally and in writing conclusions as to the tax implications arising from a particular set of facts.

Assessment Tasks
Name

Weighting

Due

1. Class Participation

10%

In Class

2. On-line quiz

15%

29 August 2014 5pm

3. Case Study

25%

10 October 2014 5pm

4. Final Examination

50%

Examination Period

1. Class Participation
Due: In Class
Weighting: 10%
Requires students to make one oral and written presentation.

Each student will be allocated a question and will be required to give one oral presentation analysing and answering the issues in the question. The presentation (worth 5 marks) must not be longer than 7 minutes. Presentations will be marked on the basis of the level of preparation, understanding, accuracy and ability to explain the key issues.
Each student will also be required to submit a written analysis (maximum 300 words) of the issues, the law and how to approach solving the question that they have been allocated. This written analysis
(worth 5 marks) must be presented to the lecturer in class on the day of the presentation. This written analysis must not be a repeat of the presentation. It should