Course overview
- Study period
- Semester 2, 2024 (22/07/2024 - 18/11/2024)
- Study level
- Undergraduate
- Location
- St Lucia
- Attendance mode
- In Person
- Units
- 2
- Administrative campus
- St Lucia
- Coordinating unit
- Law School
The course builds on the basic tax concepts used to determine income tax payable by considering specific contemporary issues such as the taxation of entities, special topics in capital gains tax, international issues, tax evasion and avoidance, administrative aspects of tax, and goods and services tax.
LAWS5223 is an advanced consideration of the law of income tax. The course will examine the taxation of business entities and will briefly consider some state taxes. Other topics may be incorporated. Students are expected to have studied (and passed at a credit or higher) LAWS5144 to enable the advanced learning required.
Course requirements
Assumed background
Must have passedﾠ(completed) LAWS5144 prior to enrolment, preferably at a GPA of 5.5+.
Prerequisites
You'll need to complete the following courses before enrolling in this one:
(LAWS3702 or 4112) + LAWS5144
Incompatible
You can't enrol in this course if you've already completed the following:
LAWS3102 or 7223
Restrictions
LLB(Hons)(#64), LLB(Hons)(#48), LLB, LLB (Graduate Entry), LLB(Hons) duals and LLB dual programs.
Course contact
Course staff
Lecturer
Timetable
The timetable for this course is available on the UQ Public Timetable.
Additional timetable information
This is an elective course taken as a seminar. The seminar is for three hours per week over ten weeks. This style of class enables longer problem-solving sessions and consistent weekly problem consideration. Students are expected to work for ten hours per week as usual and therefore are advised to allocate an additional seven hours per week for personal study time.
Aims and outcomes
Teaching Mission Statement
The mission of the TC Beirne School of Law is to educate students in and about the law. We seek to assist you to think critically about the law and to investigate its structures, principles, policies, and values. This is achieved by engaging with you as fellow investigators in a range of critical and intellectual conversations about the law and its place in society. Our role is thus to guide you in your own intellectual journey in the law and to equip you with the necessary skills that will enable you to continue that journey long after you have left the School.
Course Aims
At the end of this course students should be able to:
- demonstrate insight into the more complex aspects of the Australian taxation system;
- articulate and demonstrate the manner in which legal principles apply in the context of structures and duties;
- undertake effective legal research and present findings in a concise written form; and
- apply legal principles in the solution of practical taxation problems.
Learning outcomes
After successfully completing this course you should be able to:
LO1.
Identify legal issues relevant to the course including the ability to analyse and solve practical legal problems.
LO2.
Identify policy and theoretical legal issues relevant to the course including the ability to analyse and comment upon structural problems with the Australian taxation system.
LO3.
Articulate and demonstrate the way the legal principles of taxation and structures apply to particular problem scenarios and be able to make recommendations for alternatives and law reform where appropriate.
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Examination |
In-semester Test
|
50% |
22/08/2024 8:00 am
Further details to be advised |
| Examination |
In-semester Examination
|
50% |
3/10/2024 8:00 am
More information will be posted. |
Assessment details
In-semester Test
- In-person
- Mode
- Written
- Category
- Examination
- Weight
- 50%
- Due date
22/08/2024 8:00 am
Further details to be advised
- Learning outcomes
- L01, L02, L03
Task description
This is a short test. A word limit applies. Further details will be provided on the Taxation Law Blackboard site.
This assessment task is to be completed in-person. The use of generative Artificial Intelligence (AI) tools will not be permitted. Any attempted use of Generative AI may constitute student misconduct under the Student Code of Conduct Policy.
Exam details
| Planning time | no planning time minutes |
|---|---|
| Duration | 60 minutes |
| Calculator options | No calculators permitted |
| Open/closed book | Closed Book examination - specified written materials permitted |
| Materials | Two sheets of typed notes, double sided, are permitted |
| Exam platform | Paper based |
| Invigilation | Invigilated in person |
Submission guidelines
Deferral or extension
You may be able to defer this exam.
In-semester Examination
- In-person
- Mode
- Written
- Category
- Examination
- Weight
- 50%
- Due date
3/10/2024 8:00 am
More information will be posted.
- Learning outcomes
- L01, L02, L03
Task description
This is an exam. A word limit applies. Further details will be provided on the Taxation Law Blackboard site.
This assessment task is to be completed in-person. The use of generative Artificial Intelligence (AI) tools will not be permitted. Any attempted use of Generative AI may constitute student misconduct under the Student Code of Conduct Policy.
Exam details
| Planning time | no planning time minutes |
|---|---|
| Duration | 60 minutes |
| Calculator options | No calculators permitted |
| Open/closed book | Closed Book examination - specified written materials permitted |
| Materials | Two sheets of typed notes, double sided, are permitted |
| Exam platform | Paper based |
| Invigilation | Invigilated in person |
Submission guidelines
Deferral or extension
You may be able to defer this exam.
Course grading
Full criteria for each grade is available in the Assessment Procedure.
| Grade | Cut off Percent | Description |
|---|---|---|
| 1 (Low Fail) | 0 - 19 |
Absence of evidence of achievement of course learning outcomes. |
| 2 (Fail) | 20 - 47 |
Minimal evidence of achievement of course learning outcomes. |
| 3 (Marginal Fail) | 48 - 49 |
Demonstrated evidence of developing achievement of course learning outcomes |
| 4 (Pass) | 50 - 64 |
Demonstrated evidence of functional achievement of course learning outcomes. |
| 5 (Credit) | 65 - 74 |
Demonstrated evidence of proficient achievement of course learning outcomes. |
| 6 (Distinction) | 75 - 84 |
Demonstrated evidence of advanced achievement of course learning outcomes. |
| 7 (High Distinction) | 85 - 100 |
Demonstrated evidence of exceptional achievement of course learning outcomes. |
Additional course grading information
To be advised
Supplementary assessment
Supplementary assessment is available for this course.
Learning resources
You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.
Library resources
Find the required and recommended resources for this course on the UQ Library website.
Additional learning resources information
The Blackboard site contains other sources of information applicable to study this semester.
Learning activities
The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.
Filter activity type by
Please select
| Learning period | Activity type | Topic |
|---|---|---|
Multiple weeks From Week 1 To Week 10 |
Seminar |
Seminars The seminar topics are: 25 July 2024: Introduction, review, Trader 1 August 2024: Partnership I 8 August 2024: Partnership II 15 August 2024: Trusts 22 August 2024: Company I (In-semester Test 50%) 29 August 2024: Company II 5 September 2024: Alternate Uses 12 September 2024: State Taxes 19 September 2024: Estate Planning 26 September 2024: Mid-semester break 3 October 2024: Complications, Review (In-semester Exam 50%) Learning outcomes: L01, L02, L03 |
Additional learning activity information
Further information to be advised
Policies and procedures
University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:
- Student Code of Conduct Policy
- Student Integrity and Misconduct Policy and Procedure
- Assessment Procedure
- Examinations Procedure
- Reasonable Adjustments - Students Policy and Procedure
Learn more about UQ policies on my.UQ and the Policy and Procedure Library.
School guidelines
Your school has additional guidelines you'll need to follow for this course: