ACCT358-18S1 (C) Semester One 2018

Advanced Issues in Taxation

15 points

Details:
Start Date: Monday, 19 February 2018
End Date: Sunday, 24 June 2018
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 4 March 2018
  • Without academic penalty (including no fee refund): Sunday, 20 May 2018

Description

This course considers the interpretation of legislation; tax planning, tax avoidance and tax evasion; tax investigations and dispute resolution; tax penalties; ethics; international taxation; and company taxation.

In recent years, the growth in the complexity of taxation law and the increased awareness of the need for research into aspects of taxation have made it desirable that certain topics are considered in a specialist taxation course.  The emphasis in ACCT358 will be on practical and legal aspects of taxation, as well as an appreciation of the intricate nature of taxation law.  Broadening the focus beyond the legislation is a critical aspect, as is recognising the plethora of new developments and highlighting the fact that taxation law and practice is far from static.  The course requires students to have a working knowledge and background in taxation.  The course material will build upon this knowledge and develop other avenues for examination.  Completion of the course should provide students with a framework to evaluate taxation issues and a foundation for involvement in taxation matters in their employment.  It provides an excellent preparation for ACCT359, and subsequent honours level courses in taxation.

Learning Outcomes

Having engaged in learning during the course, students will be able to:

(a) Critically evaluate whether a particular arrangement or transaction constitutes tax avoidance (and the application of the General Anti-Avoidance Rule or GAAR);
(b) Demonstrate an understanding of ethical issues;
(c) Demonstrate an understanding of issues of international taxation such as the application of double tax agreements (DTAs); and
(d) Outline the Commissioner of Inland Revenue's key information gathering powers in investigations;
(e) Determine appropriate penalties applicable to a tax shortfall;
(f) Demonstrate an understanding of the taxation issues related to companies.

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attributes specified below:

Critically competent in a core academic discipline of their award

Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

Employable, innovative and enterprising

Students will develop key skills and attributes sought by employers that can be used in a range of applications.

Prerequisites

(1) ACCT152 or LAWS101; and (2) ACCT254 OR LAWS352

Restrictions

ACIS358, ACIS354

Course Coordinator / Lecturer

Adrian Sawyer

Lecturers

Andrew Maples and Alistair Hodson

Assessment

Assessment Due Date Percentage 
Tutorial preparation 10%
Assignment 26 Mar 2018 20%
Term Test 30%
Final Exam 40%


The assignment is to be handed in physically, due date:  Monday 26 March, 5pm

Textbooks / Resources

Required Textbooks:
CCH, Income Tax Legislation, 2017 or 2018; or Thomson Reuters, Taxation Legislation Handbook 2016 or 2017 (your legislation needs to have the Income Tax Act 2007).

CCH, Foundations of New Zealand Taxation Law 2017 or 2018; or Thomson Reuters New Zealand Taxation 2017 or 2018.

Lecture and tutorial readings and related materials will be available to be downloaded from LEARN.

Course links

Learn

Indicative Fees

Domestic fee $790.00

International fee $3,350.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

Minimum enrolments

This course will not be offered if fewer than 20 people apply to enrol.

For further information see Department of Accounting and Information Systems .

All ACCT358 Occurrences

  • ACCT358-18S1 (C) Semester One 2018