MLC301 - Principles of Income Tax Law
| Year: | 2023 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | Not available for Bachelor of Laws (including combined Law awards) students |
| Prerequisite: | MLC101 or MLC201 or MLL111* or MLL119 * For students who commenced before Trimester 1 2022, and have successfully completed MLL111, are not required to complete MLC101. |
| Corequisite: | Nil |
| Incompatible with: | MLL406 |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus | 1 x 3 hour class and 1 x 1 hour seminar per week |
| Scheduled learning activities - online | 1 x 3 hour class (recordings provided) and 1 x 1 hour online seminar per week |
Content
This unit covers legal principles applicable to income taxation in Australia. Topics include: assessable income and deductions; capital gains; trading stock; taxable entities; taxation administration; Fringe Benefits Tax; and Goods and Services Tax.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Unit Fee Information
Click on the fee link below which describes you: