Resource and Environment Taxes

Subject LAWS70374 (2011)

Note: This is an archived Handbook entry from 2011.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2011:

October, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: The total class time is between 24 and 26 hours.
Total Time Commitment: Not available
Prerequisites:

It is recommended that students have studied taxation at undergraduate level or Taxation of Business and Investment Income or equivalent experience in tax practice.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Coordinator

Assoc Prof Mark Burton

Contact

For more information, contact the Melbourne Law Masters office.

Email law-masters@unimelb.edu.au or phone +61 3 8344 6190.

Alternatively, visit our website:

www.masters.law.unimelb.edu.au

Subject Overview:

This subject covers the policy considerations examined in appraising resource and environment taxes and the way that existing taxes affect resource exploitation and environmental sustainability. It also considers various options for reform of resource and environmental taxes in Australia.

Principal topics will include:

  • Constitutional, policy, and socio-political factors affecting the appraisal of taxes and subsidies from the perspectives of resource management and environmental sustainability
  • A critical review of existing Australian federal and state taxes and fiscal instruments from the perspectives of public resource management and environmental sustainability including the income tax and the petroleum resource rent tax
  • Consideration of the relevance of land taxes and royalties to the taxation of resources
  • International practice regarding resource taxation and environmental taxes
  • An appraisal of reform options for the future, both in relation to existing taxes and also new taxes, including proposed Resource Profits Tax models, potential reforms to the income tax and carbon trading or taxation.
Objectives:

A student who has successfully completed this subject should:

  • Understand the alternate critical perspectives from which resource and environment taxes and subsidies can be assessed, and the significance of public resource management and environmental sustainability within each of these frameworks
  • Understand the constitutional, political, international and social factors that affect resource and environment taxes
  • Appreciate the effect of existing Australian federal and state taxes and fiscal instruments upon resource exploitation and environmental impacts
  • Be aware of existing international practice in the field of resource and environment taxes
  • Be aware of options for reforming Australian taxes with a view to enhancing resource management and promoting environmental sustainability in Australia.
Assessment: Visit the Melbourne Law Masters website for more information about this subject.
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Visit the Melbourne Law Masters website for more information about this subject.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date

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