This subject aims to provide students with foundational skills and a knowledge of taxation law, the body of law that governs tax liabilities for all types of taxpayers in Australia. Taxation law covers not only the rules that establish the “incidence of taxation” and the “taxation base”, it also provides the rules relating to the administration and enforcement of the taxation system, including the collection and recovery of tax. This subject provides student with an integrated understanding of the fundamental taxation rules that apply to almost all aspects of business and its wide impacts on social and economic areas.