RMIT University - LAW2471: Taxation Law and Practice

This course, LAW2471 aims to provide you with a sound understanding of the principles of taxation in relation to income tax for individuals and trading entities. It will further develop legal skills in reading, understanding and applying complex and dynamic legislation, case materials and taxation rulings. This involves development of your ability to analyse legal problems and to express ideas in a precise manner. These skills, together with the appropriate legal knowledge are essential for accountants and other business professionals. While aspects of legal knowledge are continually changing, the development of generic skills and will enable such business professionals to keep abreast of changes in the law and be able to provide appropriate advice.

✔ (Summary) Learning Outcomes:

• describe the role and purpose of ITAA 1997 and ITAA 1936 and consequences for different taxpayer entities;
• apply the underlying principles of taxation laws to various situations involving different taxpayer groups to provide and advice;
• research academic journals to integrate new insights to complex real-world problems and policy issues;
• identify and evaluate social and political aspects of taxation and how these relate to tax reform;
• and, have the ability to select the most appropriate taxation laws that may apply in any given situation with a view to providing tax advice.

Macroeconomics 1

Business Law