TLAW603 Taxation Law and Practice

This unit is designed to help students develop an advanced understanding of the basic concepts and policies in Australian taxation as well as identify the framework (both legal and administrative) behind such concepts. The unit also aims to help students develop an advanced understanding of the core building blocks of the Australian taxation system. Basis concepts of tax formula, assessable income, capital gains and allowable deductions are examined with a focus on application to ‘real life’ scenarios including introduction to Fringe Benefits Tax and Good and Services Tax. Contemporary issues in taxation including the international tax system, tax avoidance and tax planning are also explored.