COMMLAW 3501 - Business Tax & GST III

North Terrace Campus - Semester 2 - 2015

The objective of the course is to help students understand the law and application of key types of business taxes including the goods and services tax. The course aims to build upon the concepts covered in Income Tax Law III, and this subject is assumed knowledge. Topics to be covered include: an Introduction to Business Taxes, including a review of the taxation of business income and a review of recent business tax reforms; Business Tax Entity Issues, including taxation of entity distributions, treatment of losses and entity consolidations; Capital Gains Tax Special Topics, including roll-over relief and the application of the Small Business CGT concessions; Goods and Services Tax fundamental concepts; Remuneration Taxes, including fringe benefits tax and superannuation guarantee charge; State Business Taxes, including land tax, payroll tax and stamp duties and International tax issues. The course will apply the concepts to facilitate Tax Planning, and in particular with respect to highlighting the various issues on the acquisition and disposal of a business.

  • General Course Information
    Course Details
    Course Code COMMLAW 3501
    Course Business Tax & GST III
    Coordinating Unit Adelaide Law School
    Term Semester 2
    Level Undergraduate
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Assumed Knowledge COMMLAW 3500
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Mr John Tretola

    Location:               Ligertwood Building North Terrace

                            Telephone:         8313 8250    


                            Course Website:  
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

    2 hours of lectures per week. Thursdays 10.10-12.00pm, Physics 103, Kerr Grant Lecture Theatre.

    1 hour of tutorials per week.


    The full timetable of all activities for this course can be accessed from the Course Planner at

  • Learning Outcomes
    Course Learning Outcomes

    To provide a more detailed explanation of the tax laws that relate specifically to business structures in Australia.


    Knowledge and Understanding

    This course is designed to encourage students to:

    1. Build upon the principles of income tax law as covered in an introductory income tax law subject, such as the undergraduate subject, Income Tax Law III, and a sound understanding of the material covered in that subject is assumed.
    2. Gain a more advanced understanding of the fundamental principles of income tax law with a particular focus on the different types of business entities, such as companies, trusts and partnerships and sole proprietors.
    3. Evaluate and synthesise information and existing knowledge from a number of sources.
    4. Identify legal issues and apply the law to arrive at reasoned solutions to legal problems.
    5. Communicate ideas effectively in informal group discussions
    6. The course will focus on topical taxation issues affecting businesses in Australia.
    7. The course will aim to provide opportunities for the practical implementation of the main concepts covered.
    8. The course is also designed to allow students to appreciate the importance of lifelong learning in the ever-changing field of taxation law.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1-4, 6-8
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 1-4, 6-8
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 1-4, 6-8
    Skills of a high order in interpersonal understanding, teamwork and communication. 5
    A proficiency in the appropriate use of contemporary technologies. 1-4, 6-8
    A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 1-4, 6-8
    A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 1-4, 6-8
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 1-4, 6-8
  • Learning Resources
    Required Resources

    The Dark Blue covered Course Handbook is required (it is free of charge).

    Recommended Resources

    Foundations of Taxation Law 7th Edition (2015) Stephen Barkoczy (CCH).

    Core 2015 Income Tax Legislation

    Australian Master Tax Guide 2015 (CCH)

    Australian Tax Handbook 2015 (Thomsons)

  • Learning & Teaching Activities
    Learning & Teaching Modes

    2 hours of lectures per week. Thursdays 10.10-12.00pm, Physics 103.

    1 hour of tutorials per week.  There are, however, only 8 scheduled tutorials in this course. 


    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes.


    Students in this course are expected to attend all lectures throughout the semester plus one tutorial class each week (when these are held).

    Learning Activities Summary

    Week                Topics                                                             Tutorial Topic 

    1                      Introduction to Business Taxes                           -

    2                      Introduction to Business Taxes                           -                                  

    3                      International Tax Issues                                  Introduction

    4                      CGT Special Issues                                         International Taxes*

    5                      CGT Special Issues                                             -

    6                      State Taxes                                                    CGT Special issues

    7                      Tax Entity Issues                                            State Taxes

    8                      FBT                                                                Tax Entity Issues

             Mid-semester break


    9                      Class Test/Superannuation                                 -

    10                    GST                                                               FBT/Super         

    11                    GST                                                                  -

    12                    Tax Agent Services Act and Tax Avoidance        GST

    13                    No lecture                                                       Tax Agent Services & Tax Avoidance

                *The International Taxes Tutorial Paper will be assessed

  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    The assessment tasks comprise a variety of assessment including the ability to answer short answer questions in the class tests and tutorial papers and a more thorough examination of material in the exam style questions.


    Class Test                     =         15%

    Assignment                  =         15%

    Tutorial Paper              =         10%

    Final Exam                   =          60%

    The class test, tutorial paper, assignment and final exam all seek to assess each student in terms of the four course objectives specified above. All assessment is compulsory and non-redeemable.

    Assessment Related Requirements

    Students are expected to attend tutorials in this subject.

    Assessment Detail

    The assessment components are as follows:

    Tutorial Paper - International Taxes Topic (Due in Week 4)           10%

    Students must submit their tutorial paper in writing or by electronic copy to the lecturer in charge by Monday 11am 17th August 2015.

    Students are also expected to discuss their tutuorial paper in the tutorial.

    Date and time: Monday 17th August 2015 by 11am.

    Assignment                                                                                         15%

    An assignment will be due to be lodged online by 4pm on Thursday 24th October 2015 by 1pm and will cover the topics of Introduction to Business Tax issues; CGT Special issues; International Business Taxation: State Taxes; Tax Entity Issues and FBT/Super.

    Date and time: Thursday 24th October 2015 4pm to be lodged online through Turnitin.

    Class Test (in Week 9)                15%

    A class test will be held in our usual lecture time (starting at 10.15am) and will include questions on Introduction to Business taxes; International Business tax issues; CGT Special Issues; State taxes and Tax Entity Issues.
    Date and time: Thursday 10th october 2015 starting at 10.15am.

    Final Exam                                                                                                                  60%

    There will be a 3hour exam held during the November examination period. It will cover all the Topics of the course and all lecture and tutorial material is examinable.

    The exam will be a partially open book exam. Students can ONLY bring into the exam 6 single sided pages of either handwritten or printed notes.  No other materials can be brought in and used in the exam.

    In order to pass this course in addition to receiving a mark of 50 or more overall it is also a requirement that each student score a mark of at least 45% in the final exam.


    Return of Tutorial Papers

    The Tutorial Papers will be marked within a week of the due date and returned to students and students will also be given their mark through my uni.

    Presentation of assignments
    · Please attach an ‘Assignment Cover Sheet’, which is signed and dated by you before submission.
    · All group assignments must be attached to a ‘Group Assignment Cover Sheet’, which must be signed and dated by all group members before submission. All team members are expected to contribute approximately equally to a group assignment.

    Lecturers can refuse to accept assignments, which do not have a signed acknowledgement of the University’s policy on plagiarism.

    Students must retain a copy of all assignments submitted.

    All assignments must be submitted electronically via Turnitin. This means that all papers will be electronically checked for plagiarism.

    Late Assignment Submission
    Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the lecturer in charge of the course before the due date. Each request will be assessed on its merits.
    5% of the total mark possible will be deducted for every 24 hours or part thereof that it is late, including each day on a weekend. For example, an essay that is submitted after the due date and time but within the first 24 hour period, and that has been graded at 63%, will have 5% deducted, for a final grade of 58%. An essay that is more than 24 hours late will lose 10%, etc. Hard copy submissions made after 5.00pm on a Friday will be assumed to have been submitted on the next business day and will be penalised accordingly.

    Please note: For fairness and equity, the maximum extension granted will be the day before the first tutorial covering the content of the assignment that is the subject of the assessment.

    Word Length: Assignments which exceed the allocated length (word length or page limit) will be subject to a penalty of 5% of total marks possible per 100 words or part thereof (ie with a word limit of 3,000, an essay graded 63% will have 5% deducted if it is 3001 words long, for a final grade of 58%, 10% if it is 3101 words long, etc). Words are calculated including all footnotes and headings within the text but excluding cover page information. Quotations and all referencing information are included in the word count.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy ( course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support

    Occupational Health and Safety Arrangements

    The School is committed to upholding the University’s Policy on Occupational Health and Safety (OH&S). All staff and students have a legal responsibility to act in the interests of themselves and others with respect to OH&S. To assist us, and to comply with your responsibilities, you are required to become informed about emergency evacuation procedures and the evacuation areas for the classes you attend.


    Evacuation Procedures

    Staff and students must leave the building via the fire stairs once the notice to evacuate has been given. The lifts should not be used. Those experiencing difficulties leaving the building should notify the floor warden. Staff and students may return to the building only after the Warden has granted permission.


    Medical Emergencies & First Aid In a life threatening situation only please telephone 8313 5444.


    Representatives and Officers

    First Aid officers are trained to deal with first aid situations. School Safety Officers represent the Head of School in OH&S matters. The elected OH&S Representative can represent staff and students in OH&S issues.



    Accident and Incident Reporting

    OH&S legislation demands that all accidents and near-miss incidents be reported to the School Manager or Head of School. In the event of an accident or incident the person involved, and their supervisor, must complete an Accident/Incident Report and Investigation Form, within 48 hours of the accident/incident. A copy of the completed form is to be forwarded to the OH&S Safety Officer. Copies of the form are available from the OH&S Representative or Safety Officer.

  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.