JCU Australia logo

Subject Search

BU3112 - Taxation

Credit points: 3
Year: 2012
Student Contribution Band: Band 3
Administered by: School of Law Office

The constitutional division of taxing powers and the constraints on the Commonwealths power to tax; the operation and administration of Australia's Income Tax system. This subject is compulsory for students wishing to satisfy professional accreditation requirements in the Bachelor of Business (Accounting).

Learning Outcomes

  • calculate the taxation liability of those who derive assessable income as individuals; through partnerships and trusts; and either as or through companies;
  • describe the collection mechanisms used by the Australian Taxation Office;
  • describe the legal basis for the exercise of the Commonwealths taxation power;
  • explain the major anti-avoidance provisions of the Income Tax Assessment Act;
  • identify those outgoings which are deductible for income taxation purposes;
  • identify those receipts which form part of taxable income;
  • calculate the taxation consequences of: capital gains and losses; receipt of superannuation and employment and other termination payments; and primary production income.

Graduate Qualities

  • The ability to adapt knowledge to new situations;
  • The ability to define and to solve problems in at least one discipline area;
  • The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
  • The ability to deploy critically evaluated information to practical ends;
  • The ability to find and access information using appropriate media and technologies;
  • The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
  • The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
  • The ability to read complex and demanding texts accurately, critically and insightfully;
  • The ability to generate, calculate, interpret and communicate numerical information in ways appropriate to a given discipline or discourse;
  • The ability to work individually and independently.
Prerequisites: (LA1101 AND LA1102) OR BU1112 OR BU2111 OR CO1501
Inadmissible
Subject
Combinations:
CO3513 LA4023

Availabilities

Cairns, Study Period 1, Internal
Census Date 22-Mar-2012
Coordinator: <Person not found>
Workload expectations:
  • 26 hours lectures
  • 12 hours tutorials
Assessment: end of semester exam (60%); 2 tests worth 20% each (40%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 21, Internal
Census Date 12-Apr-2012
Coordinator: <Person not found>
Workload expectations:
  • 26 hours lectures
  • 12 hours tutorials
Assessment: end of semester exam (60%); 2 tests worth 20% each (40%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 22, Internal
Census Date 09-Aug-2012
Coordinator: <Person not found>
Workload expectations:
  • 26 hours lectures
  • 12 hours tutorials
Assessment: end of semester exam (60%); 2 tests worth 20% each (40%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 23, Internal
Census Date 06-Dec-2012
Coordinator: <Person not found>
Workload expectations:
  • 26 hours lectures
  • 12 hours tutorials
Assessment: end of semester exam (60%); 2 tests worth 20% each (40%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Townsville, Study Period 1, Internal
Census Date 22-Mar-2012
Coordinator: <Person not found>
Lecturer: Mrs Van Le.
Workload expectations:
  • 26 hours lectures
  • 12 hours tutorials
Assessment: end of semester exam (60%); 2 tests worth 20% each (40%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

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.