JCU Australia logo

Subject Search

Try new Subject Search!

We've released the new Subject Search, designed to be simpler and faster than the application below.

CO5120 - Taxation Law

Credit points: 3
Year: 2023
Student Contribution Band: Band 4
Administered by: College of Business, Law & Governance

Only available for postgraduate students

This subject is an introduction to Australian income tax law and practice. The constitutional and administrative framework within which the federal tax system operates will be examined. Australia's income tax law will be assessed as it relates to an individual, business and company in the context of taxation of income from trusts, taxation of partnerships and the taxation of companies and corporate distributions. Administration will also be examined.

Learning Outcomes

  • explain and critique the legal basis for the exercise of the Commonwealths taxation power;
  • assess and calculate receipts which form part of taxable income for individuals and companies, net income for partnerships and trusts;
  • explain and calculate how fringe benefits; receipt of superannuation and termination payments are taxed;
  • consider and differentiate those outgoings which are deductible for income taxation purposes;
  • calculate the taxation consequences of capital gains and losses; and;
  • explain and justify the tax administration system in Australia.

Subject Assessment

  • Written > Examination (centrally administered) - (50%) - Individual
  • Written > Test/Quiz 1 - (50%) - Individual.
Prerequisites: CO5119
Inadmissible
Subject
Combinations:
CO5110

Availabilities

JCU Brisbane, Trimester 1, Internal
Census Date 09-Mar-2023
Coordinator: Assoc. Professor Jamie Fellows
Lecturer: Dr Bandula Nambukara-Gamage.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 20 hours lectures
  • 10 hours tutorials
  • 10 hours online activity - Recordings, online activities & self-directed learning
  • assessment and self-directed study

JCU Brisbane, Trimester 2, Internal
Census Date 22-Jun-2023
Coordinator: Assoc. Professor Jamie Fellows
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 20 hours lectures
  • 10 hours tutorials
  • 10 hours online activity - Recordings, online activities & self-directed learning
  • assessment and self-directed study

JCU Brisbane, Trimester 3, Internal
Census Date 05-Oct-2023
Coordinator: Assoc. Professor Jamie Fellows
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 20 hours lectures
  • 10 hours tutorials
  • 10 hours online activity - Recordings, online activities & self-directed learning
  • assessment and self-directed study

JCU Singapore, Study Period 53, Internal
Census Date 30-Nov-2023
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 20 hours lectures - may include recorded presentations, online activities & self-learning activities inclusive of lectures, via LearnJCU
  • 20 hours tutorials - may include recorded presentations, online activities & self-learning activities inclusive of synthesising sessions, via LearnJCU
  • assessment and self-directed study

Trimester 1, External
Census Date 09-Mar-2023
Coordinator: Assoc. Professor Jamie Fellows
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 30 hours online activity - Recordings, online activities & self-directed learning
  • 10 hours online Tutorials - Online collaborate sessions
  • assessment and self-directed study
Method of Delivery: WWW - LearnJCU

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.