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LAWS13-528: Taxation Law

Description

Taxation Law is an elective subject in undergraduate programs offered by the Faculty of Law. The subject provides a sound introduction to the policies and principles of income taxation. The main focus is on the concepts of assessable income and allowable deductions. The subject also includes an overview of the principles relating to the taxation of capital gains and losses, tax planning, tax avoidance, tax evasion and tax administration.

Subject details

TypeUndergraduate
CodeLAWS13-528
EFTSL0.125
FacultyFaculty of Law
Semesters offered
  • May 2021 [Standard Offering]
  • January 2022 [Standard Offering]
  • May 2022 [Standard Offering]
Credit10
Study areas
  • Law
Subject fees
  • Commencing in 2020: $4,340
  • Commencing in 2021: $3,890

Learning outcomes

1. Understand the way in which taxation law is administered and the process available to challenge taxation assessments.
2. Understand the distinctions between income and capital and when taxpayers are likely to be assessed on income or capital gains tax.
3. Understand the distinctions between deductions and capital expenditure and when expenditure may be utilised to reduce a taxpayer's assessable income.
4. Display an awareness of the distinction between tax evasion and tax minimisation and be able to critically analyse and reflect on the effects of the anti-avoidance provisions in the income tax legislation.

Enrolment requirements

Requisites: ?

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Assumed Prior Learning (or equivalent):

Restrictions: ?

Students must be admitted into a Bachelor law degree or Bachelor of Laws combined degree or be an approved Law Study Abroad OR Law exchange student.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Subject outlines

Subject dates

Future offerings not yet planned.