Prescribed Textbook:
Barkoczy, S.,Foundations of Taxation Law2019,11th edition. Docklands, Victoria : Oxford University Press, Australia.
can you take required solution having reference from this book. and others with proper in text citation with that
HOLMES INSTITUTE HI6028 Taxation Theory, Practice and Law ___________________________________________________________________________________________________ HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION UNIT OUTLINE Hl6028 Taxation Theory, Practice and Law 2020 HI6028 Taxation Theory, Practice and Law 2 UNIT ADMINISTRATION Level Duration Core/Elective Unit weight Postgraduate 1 trimester Core 3 credit points Mode of delivery Online Prerequisites HI6027 Business and Corporate Law Workload Students are expected to attend all classes Delivery 1.5 hrs of pre-recorded lectures, 1.5 hrs of tutorial activities Independent study 5 hrs CONTACT DETAILS Unit Coordinator Ali Yousefi
[email protected] Students please note: Holmes Institute provides each student with a Holmes webmail. Faculty and Administrative staff can only communicate with you using your Holmes Institute mail address. Emails from private and/or business email accounts cannot be used and may not be answered. UNIT DESCRIPTION Welcome from the Unit Coordinator, Ali Yousefi Welcome to HI6028 Taxation Theory, Practice and Law. This unit is designed to introduce students to the fundamentals of relevant legislation concerning taxation law and its application. The unit covers all major topics underpinning the Australian tax system including income tax liability, residence & source, income, capital gains tax, fringe benefits tax, goods and services tax, deductions, capital write-offs & allowances, taxation of partnerships, rusts & companies, consolidated groups, transfer pricing, general anti-avoidance provisions and income tax administration. The unit equips students with a sound understanding of the principles and the practical aspects of Australian Taxation Law in relation to income tax for individuals and other entities, and how to apply taxation principles to real life problems. The emphasis is placed on a general and broad understanding of taxation law and practices. In particular, case studies are extensively used in the unit to further enhance the students to learn and develop problem solving skills. This unit is accredited by Chartered Accountants Australia and New Zealand and CPA Australia for covering the core areas of competencies for professional accountants. For further information, please check the following website: Chartered Accountants Australia and New Zealand (https://www.charteredaccountantsanz.com/) CPA Australia (https://www.cpaaustralia.com.au/). HI6028 Taxation Theory, Practice and Law 3 UNIT LEARNING OUTCOMES On completion of this unit students will be able to: Demonstrate an understanding of the Australian income tax system, the concepts of income and deductions, CGT, FBT, GST general anti-avoidance provisions and income tax administration. Identify and critically analyse taxation issues. Interpret the relevant taxation legislations and case law. Apply taxation principles to real life problems. STUDENT ASSESSMENT OVERVIEW ASSESSMENT TYPE – ONLINE MODE DUE DATE WEIGHT LENGTH LEARNING OUTCOMES Online Test Week 7 25% 1.5 Hours 2, 3 Individual Assignment Week 10 25% 2,000 Words 1, 2,3,4 Tutorial Question Assignment 1 Week 8 25% 2, 3, 4 Tutorial Question Assignment 2 Week 13 25% 2, 3, 4 UNIT LECTURE SCHEDULE / SYLLABUS Online Mode Week Topics scheduled Assessments Chapters 1 Tax Law Research and Interpretation, Legislative Framework of the Australian Tax system, Sources of taxation law 2, 3, 4 2 Income Tax Formula, Income Tax Rates, and Residence and Source 8, 9 3 Ordinary Income 10 4 Statutory Income, Exempt Income, Non-Assessable Non- Exempt Income, General Deductions 11, 12, 13 5 Specific Deductions Provisions that Deny or Limit Deductions 14, 15 6 Capital Write-offs and Allowances, and Tax Offsets 8, 16 7 Fringe Benefits Tax Online Test 19 8 Capital Gains Tax Tutorial Question Assignment 1 18 9 Goods and Services Tax 7 10 Taxation of Companies Group Assignment 24 11 Tax evasion, tax avoidance, and tax planning; General anti-avoidance tax provisions; and Income tax returns, assessments, rulings, appeals, and audits 40, 41, 43 12 The taxation of partnerships; the taxation of trusts and Trading Stock. 17, 25, 26 13 Revision Week Tutorial Question Assignment 1 HI6028 Taxation Theory, Practice and Law 4 UNIT MATERIALS AND RESOURCES Prescribed Textbook: Barkoczy, S., Foundations of Taxation Law 2019, 11th ed. Docklands, Victoria : Oxford University Press, Australia. Recommended Readings: Barkoczy, S., Rider, Cameron, author, Baring, John, author, & Bellamy, Neil, author. (2018). Australian tax casebook (14th ed.). Pinto, D., Kendall, Keith, author & Sadiq, Kerrie, author, 2019. Fundamental tax legislation 2019 Twenty- seventh. Sadiq, K. et al., 2019. Principles of taxation law 2019, Thomson Reuters (Professional) Australia Limited. Wolters Kluwer Law & Business, issuing body & CCH Australia Limited, publisher, 2019. Australian master tax guide 2019. 64th ed. STUDENT ASSESSMENT SUBMISSION AND LATE PENALTIES To be eligible to pass this unit, you should complete all forms of assessment and demonstrate achievement of the learning outcomes. All assignments must be submitted electronically ONLY, uploaded to Blackboard via the Final Check and Submission of SafeAssign. Submission deadlines are strictly enforced and a late submission incurs penalties. For full details, please refer to your Student Handbook. Students can access the Assessment and Marking Policy online (https://www.holmes.edu.au/pages/about/policies). Tests For units for which a test is part of the assessments, you need to follow the instructions on Blackboard and given by your lecturer in class. You also need to follow any relevant announcement on Blackboard that confirm the date/time and room of the test. Please note that for many units the test will be held online. Where applicable, you can obtain further details via Blackboard, as well as from your lecturer in class. Business Presentations You are expected to arrive for any presentation ahead of time. If you are late for your presentation, you may not be eligible to present and may not receive any marks. Where a business presentation involves a group, it is expected that all group members are present. Unless your lecturer advises otherwise, students are expected to dress in business attire. VIEWING STUDENT GRADES AND ASSESSMENTS Students can view their results for assessments and overall results. For further details, including the fee applica- ble, please refer to your Student Handbook. Students can access the Assessment Feedback and Review Policy and Procedures online (https://www.holmes.edu.au/pages/about/policies). Supplementary Assessments A Supplementary Assessment will be granted to a student who has met each of the following conditions: The student has achieved a grade of less than 50% in a previous attempt at the unit; The student has submitted all required assessment items for the unit; and The student’s name has not been recorded in the Academic Misconduct Register in relation to the unit of the supplementary assessment occurs. The student will be informed by Faculty of a supplementary examination within ten (10) working days of results being released. A Supplementary examination cannot be deferred unless there are compelling and compassionate circumstances. A student who attempts a supplementary assessment will not be able receive a total mark higher than 50% for that unit. https://www.holmes.edu.au/pages/about/policies https://www.holmes.edu.au/pages/about/policies HOLMES INSTITUTE HI6028 Taxation Theory, Practice and Law ___________________________________________________________________________________________________ HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION UNIT OUTLINE Hl6028 Taxation Theory, Practice and Law 2020 HI6028 Taxation Theory, Practice and Law 2 UNIT ADMINISTRATION Level Duration Core/Elective Unit weight Postgraduate 1 trimester Core 3 credit points Mode of delivery Online Prerequisites HI6027 Business and Corporate Law Workload Students are expected to attend all classes Delivery 1.5 hrs of pre-recorded lectures, 1.5 hrs of tutorial activities Independent study 5 hrs CONTACT DETAILS Unit Coordinator Ali Yousefi
[email protected] Students please note: Holmes Institute provides each student with a Holmes webmail. Faculty and Administrative staff can only communicate with you using your Holmes Institute mail address. Emails from private and/or business email accounts cannot be used and may not be answered. UNIT DESCRIPTION Welcome from the Unit Coordinator, Ali Yousefi Welcome to HI6028 Taxation Theory, Practice and Law. This unit is designed to introduce students to the fundamentals of relevant legislation concerning taxation law and its application. The unit covers all major topics underpinning the Australian tax system including income tax liability, residence & source, income, capital gains tax, fringe benefits tax, goods and services tax, deductions, capital write-offs & allowances, taxation of partnerships, rusts & companies, consolidated groups, transfer pricing, general anti-avoidance provisions and income tax administration.