Taxation Law - Australia Assignments

Assessment Information and Rubric

Subject Code	TAX300
Subject Name	Taxation Law
Assessment Number and Title	Assessment 2 – Case Study
Assessment Type	Individual
Length / Duration	2,000 words maximum, no ±10%, and excluding references
Weighting %	20%
Total Marks	20
Submission	Online Submission via TurnitIn for the written report
Due Date	Week 7, Midnight, Sunday at the end of the week.
Format	A written report in Microsoft Word format

Assessment Description and Instructions

The purpose of this assessment is to provide students with an understanding of how taxation principles, legislation and caselaw is applied in the real world. In business, accountants, lawyers, managers and financial analysts are required to understand how businesses or a particular business operates in relation to their taxation obligations.

This assignment will focus students to develop the skills needed to analyze a factual scenario involving a real client, state the relevant law and apply the law to draw a conclusion about the client’s taxation liability. Students will receive a real scenario and then be asked to write a letter of advice /memorandum to their manager about the client’s liability.

Late Penalties

Late penalties apply at the rate of 5% of the assessment mark per day late, to a period up to five days after the due date of the assessment.

Study Support

This assessment will be discussed in workshops.

It is required that students come to workshops prepared with work they have completed so that they can ask relevant questions to assist them in the completion of this assignment accurately and on time.

Academic Integrity? Link to Policy here or academic integrity module?

It is student’s responsibility to ensure that you demonstrate academic integrity. Take the time to find out more by visiting PIA’s Policies and Procedures site.

By submitting your assessments, you acknowledge that this is your own work – that you have undertaken the assessments yourself and without any assistance from any other person or any website or other resources which are not specifically permitted. Also, you have not shared any aspect of your assessments or answers with other students or provided assistance to them in any way.

Subject Code Assessment 3 Marking Rubric – Case Study (25% of the total mark)

Criteria	HD (High Distinction) 85-100%	D (Distinction) 75-84%	C (Credit) 65-74%	P (Pass) 50-64%	F (Fail) 0-40%
Students are	To meet this level you	To meet this level you	To meet this level	To meet this level you	At this level
required to answer	will achieve a	will achieve a	you will achieve a	will achieve a	you will
problem	cumulative mark of	cumulative mark of	cumulative mark of	cumulative mark of	obtain a mark
question in order	85-100%. A mark in this	75-84%. A mark in this	65-74%. A mark in	50-64%. A mark in	of 0-49%. A
to demonstrate understanding of how taxation principles are applied	range indicates that a

student has an advanced understanding of the subject matter.range indicates that a

student high level of the subject matter.this range indicates

that a student has a good level of understanding of the subject matterthis range indicates

that a student has an adequate understanding of the subject matter.mark in this

range indicates that a student not achieved a satisfactory understanding.

Identification of

Correctly identifies all

Identifies and

Identifies some tax law

Identifies no

relevant legal

legal issues and

the tax law issues and

correctly formulates

issues. May or may not

relevant issues

issues

formulates them clearly

with consideration of all links to relevant law, with no errors.

formulates them with

consideration of links to

relevant law, with only

minor errors.

most major tax law

issues and

supported by relevant law.

formulate them

correctly. Considers and links to relevant law,

or only a few of

them. Some of

these may not be unclearly formulated. Considers few contextual factors of relevant law.

Explanation of law and citation of relevant legal authority

Provides a complete explanation of the law, justified by relevant taxation law, with no errors. Discussion identifies key statute and case law stating relevant principles and shows insight in identification and discussion of potentially hidden

issues. Research of relevant legal authority shows a breadth of investigation through detailed analysis, discussion and tax computation.Provides a comprehensive explanation of the taxation law with few errors, substantiated by relevant case and statute law stating relevant principles. Research of relevant legal authority shows a breadth of investigation through detailed analysis, discussion

and tax computation.Provides a substantial explanation of taxation law and tax computation but with some errors, substantiated by significant legal authority in the form of statute and case law.Provides a basic explanation of the taxation law and tax computation, but with significant errors, substantiated by some legal authority.Provides incorrect or limited explanation of the taxation law and tax computation using no, or only a limited range of, authority.

Application of legal principles to the facts and tax computation

Applies the law to the facts so as to reach a correct conclusion on all issues, with no errors. Argument discusses linkages between facts Argument discusses linkages between facts

Applies the law correctly to the facts so as to address all issues, with only minor errors. Argument discusses linkages between factsApplies the law correctly to most issues arising from the facts, but with some errors. Argument discussesMakes a basic attempt to apply the law to the facts, but applies wrong law and / or contains significant errors in thePaper does not correctly apply law to the facts and / or

applies incorrect law.

	and the law and considers counter– arguments, completes tax computation correctly if required and evaluates the impacts of applying the law to the situation considering a broad range of factors that may affect the application. Conclusion draws together advice for client.	and the law, completes tax computation correctly if required and evaluates the impacts of applying the law to the situation considering factors that may affect the application. Conclusion draws together advice for client.	application of the law and completes tax computation correctly if required with some minor errors. Conclusion summarises advice for client.	application. Argument summarises application of the law, formula for tax computation identified and completed with errors. Advice to client is incomplete.	May be descriptive, rather than putting forward a reasoned argument. Does not attempt tax computations.
Compliance with	Uses Style Guide	Uses Style Guide	Adequate use of	Limited or inconsistent	Poor,
the Style Guide,	comprehensively,	accurately and with	Style Guide, with	use of Style Guide.	inconsistent or
tax computation	accurately and	only minimal errors.	some errors or	Some attempt at use of	inaccurate use
format and overall	consistently. Uses ILAC	Uses ILAC model and	lapses. Uses ILAC	ILAC model, tax	of Style Guide.
structure.	model and tax computation format. Extremely well structured and organised, with one main argument introduced per paragraph, supported by well-written supporting sentences.	tax computation format. Well structured, with one main argument introduced per paragraph.	model, tax tax computation format and is clearly structured.	computation format and at structuring of answer.	Poorly structured. Inadequate or no use of paragraphs. May have disregarded the ILAC model and tax computation format.
Written	Uses appropriate	Uses appropriate	Uses appropriate	Significant spelling,	Poor grammar,
expression,	academic writing which is formal, impersonal and	academic writing which is formal, and	academic writing which is formal and	grammar, punctuation and calculation errors	spelling, and /or

calculation and	which contains no	impersonal with only punctuation.	impersonal, with a but the paper is
editing.	spelling, grammar,	very minor spelling,		few spelling,	readable and	Showing little
	punctuation and	grammar, punctuation		grammar,	demonstrates some	or no
	calculation errors. Paper	and calculation errors.		punctuation and	attempt at	calculation.
	demonstrates careful	Paper demonstrates		calculation errors.	proofreading.	Paper gives no
	proofreading.	careful proofreading.		Paper demonstrates		evidence of
				evidence of		having been
				proofreading.		proof–read.