This course introduces students to the main principles of Australia's income tax system. In order to understand the critical function of taxation in the Australian community, the taxation system is studied in its legal, economic, social and political context. Given the speed with which changes are made to the technical skills of tax law, this course seeks to provide students with an understanding of the principles of the income tax system and tax policy, rather than knowledge of a particular but limited set of technical rules. Topics to be considered include:
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
At the conclusion of this course students should be able to:- demonstrate an understanding of the main principles of Australia's income tax law;
- identify the relevant tax issues that arise on a given set of facts;
- make arguments about the way in which those legal issues are likely to be resolved, noting contrary arguments and their strengths;
- provide case authorities for propositions of law that they use in those arguments;
- apply case law and legislation to a given set of facts;
- where applicable, distinguish the facts in decided cases from those in a given set of facts and build this into argument;
- structure an answer to a problem question in a logical and effective way; and
- comment critically on the outcome and reasoning in cases studied during the course and identify the considerations of policy that may underpin them.
Other Information
This course has been accredited by both the Institute of Chartered Accountants in Australia and the Australian Society of Certified Practicing Accountants.Indicative Assessment
The proposed means of assessment for this course will involve two pieces of assessment, with one piece during the semester. More information about the means of assessment, including the relationship between the assessment and the learning outcomes of the course, will be available on the course home page by the first week of semester.The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
The course consists of three hours of lectures per week. Students are generally expected to devote approximately 10 hours overall per week to this course.Requisite and Incompatibility
Prescribed Texts
Kobetsky, et al, Income Tax: Text, Materials and Essential Cases (8th ed) (2012), Fundamental Tax Legislation (2014).Fees
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee | Description |
|---|---|---|
| 1994-2003 | $1626 | |
| 2014 | $2808 | |
| 2013 | $2808 | |
| 2012 | $2808 | |
| 2011 | $2778 | |
| 2010 | $2718 | |
| 2009 | $2670 | |
| 2008 | $2670 | |
| 2007 | $2670 | |
| 2006 | $2646 | |
| 2005 | $2298 | |
| 2004 | $1926 |
- International fee paying students
| Year | Fee |
|---|---|
| 1994-2003 | $2916 |
| 2014 | $3762 |
| 2013 | $3756 |
| 2012 | $3756 |
| 2011 | $3756 |
| 2010 | $3750 |
| 2009 | $3426 |
| 2008 | $3426 |
| 2007 | $3426 |
| 2006 | $3426 |
| 2005 | $3234 |
| 2004 | $2916 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 9076 | 21 Jul 2014 | 01 Aug 2014 | 31 Aug 2014 | 30 Oct 2014 | In Person | N/A |