| Effective Term: | 2025/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Taxation Law 2 |
| Unit ID: | BULAW3734 |
| Credit Points: | 15.00 |
| Prerequisite(s): | (BULAW3733) |
| Co-requisite(s): | Nil |
| Exclusion(s): | Nil |
| ASCED: | 080101 |
| Other Change: | |
| Brief description of the Unit |
This unit is part of the Bachelor of Professional Accounting, which meets the academic requirements of the accounting profession and leads to a TEQSA approved bachelor degree in Australia. BULAW 3734 seeks to develop a wider and deeper understanding and knowledge of the principles and practice of income tax law in Australia. The unit builds upon the foundations laid in BULAW 3733 Taxation Law 1. Key areas of study include goods and services tax (GST), employee remuneration, fringe benefits tax (FBT), superannuation, ethical decision making and professional conduct rules governing tax agents and the anti-avoidance rules. Tax administration is also discussed including tax collection and withholding, mechanisms, assessments, objections, rulings, penalties and audit. Small business concessions are discussed within relevant topics. |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: | |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | | | | | | | Intermediate | | | | | | | | Advanced | | |  | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Understand fundamental areas of tax including GST, FBT and superannuation |
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| K2. | Understand the application of specific and general anti-avoidance rules |
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| K3. | Comprehend ethical decision making and professional conduct responsibilities of tax agents |
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| K4. | Understand the tax consequences of specific commercial transactions |
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| K5. | Identify and synthesise legal and policy issues relating to taxation law |
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| K6. | Comprehend the tax administration process |
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| Skills: |
| S1. | Conduct research and evaluate legal information involving tax related issues |
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| S2. | Efficiently locate relevant sections of tax legislation |
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| S3. | Analyse fact situations and apply relevant legal principles to provide solutions or advice |
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| S4. | Adopt ethical decision making in professional practice |
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| S5. | Communicate legal reasoning in written form |
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| Application of knowledge and skills: |
| A1. | Advise on the tax consequences of prospective courses of action |
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| A2. | Calculate tax liability in a given scenario |
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| A3. | Present the results of research and evaluation with responsibility and accountability for your own learning |
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| Unit Content: |
•Goods and Services Taxation
•Employee Remuneration
•Fringe Benefits Tax
•Superannuation (including the tax treatment of salary sacrifice into superannuation)
•Tax administration (including the ethical and professional responsibilities of tax agents)
•Tax avoidance |
| Graduate Attributes: |
| Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FEDTASKS (Transferable Attributes Skills and Knowledge) provide a targeted focus on five key transferable Attributes, Skills, and Knowledge that are be embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and Co-operative Learning opportunities. One or more FEDTASK, transferable Attributes, Skills or Knowledge must be evident in the specified learning outcomes and assessment for each FedUni Unit, and all must be directly assessed in each Course.
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| FED TASK and descriptor | Development and acquisition of FEDTASKS in the Unit | | Level | FEDTASK 1
Interpersonal | Students will demonstrate the ability to effectively communicate, inter-act and work with others both individually and in groups. Students will be required to display skills in-person and/or online in: • Using effective verbal and non-verbal communication • Listening for meaning and influencing via active listening • Showing empathy for others • Negotiating and demonstrating conflict resolution skills • Working respectfully in cross-cultural and diverse teams. | Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context | FEDTASK 2
Leadership | Students will demonstrate the ability to apply professional skills and behaviours in leading others. Students will be required to display skills in: • Creating a collegial environment • Showing self -awareness and the ability to self-reflect • Inspiring and convincing others • Making informed decisions • Displaying initiative | Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context | FEDTASK 3
Critical Thinking and Creativity | Students will demonstrate an ability to work in complexity and ambiguity using the imagination to create new ideas. Students will be required to display skills in: • Reflecting critically • Evaluating ideas, concepts and information • Considering alternative perspectives to refine ideas • Challenging conventional thinking to clarify concepts • Forming creative solutions in problem solving. | Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context | FEDTASK 4
Digital Literacy | Students will demonstrate the ability to work fluently across a range of tools, platforms and applications to achieve a range of tasks. Students will be required to display skills in: • Finding, evaluating, managing, curating, organising and sharing digital information • Collating, managing, accessing and using digital data securely • Receiving and responding to messages in a range of digital media • Contributing actively to digital teams and working groups • Participating in and benefiting from digital learning opportunities. | Level 1 - Students require directions and boundaries from mentor | FEDTASK 5
Sustainable and Ethical Mindset | Students will demonstrate the ability to consider and assess the consequences and impact of ideas and actions in enacting ethical and sustainable decisions. Students will be required to display skills in: • Making informed judgments that consider the impact of devising solutions in global economic environmental and societal contexts • Committing to social responsibility as a professional and a citizen • Evaluating ethical, socially responsible and/or sustainable challenges and generating and articulating responses • Embracing lifelong, life-wide and life-deep learning to be open to diverse others • Implementing required actions to foster sustainability in their professional and personal life. | Level 2 - Student demonstrates some independence within provided guidelines |
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| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K4, S2, S3, S5, A1 | Individual assessment - demonstrate knowledge gained in the early weeks of the semester. | Test | 10-20% | | 2. | K1, K3, K4, K5, K6, S1, S2, S3, S4, S5, A1, A2, A3 | Individual assessment - Demonstrate Understanding of Relevant Aspects of Taxation Law | Written assignment | 30-40% | | 3. | K1, K2, K3, K4, S2, S3, S4, A1 | Demonstrate knowledge and skills gained in the unit via an interactive live independently invigilated assessment | Invigilated oral examination | 40-50% |
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