ACC41230

Learning Outcomes:

By the end of this module, students should be able to:

• Examine real-life scenarios and identify potential tax issues arising;
• Use tax legislation and other research tools to identify any liability to tax and any tax reliefs available;
• Modify a proposal in order to make it more tax efficient;
• Identify any further information that needs to be gathered in order to be able to give cogent tax advice;
• Communicate the results of the research in a technical manner;
• Support the research undertaken by producing a file note, citing legislative and other sources;
• Answer tax technical questions regarding the research undertaken;
• Identify potential ethical issues that arise when giving tax advice;
• Outline the types of Revenue compliance intervention and the tax advisor’s role in dealing with them;
• Use tax legislation and other research tools to identify any liability to tax that arises before or during a tax audit in a real-life scenario;
• Identify whether it is necessary or advisable to make a disclosure to Revenue and the consequences of non-disclosure, including publication in the list of tax defaulters, the imposition of penalties and prosecution;
• In a non-Revenue audit context, modify a proposal in order to make it more tax efficient, identify any further information that needs to be gathered in order to be able to give cogent tax advice, and draw up a step-plan to implement the advice given;
• Communicate the results of the research in a non-technical manner;
• Answer non-technical questions regarding the issues raised.

Indicative Module Content:

Case Study 1: Introduction; tax research sources; using tax legislation; case study examples.

Case Study 2: Technical communication; file notes: purpose and content; tax appeals; case study examples.

Case Study 3: CGT case study questions.

Case Study 4: CGT, CAT and stamp duty case study.

Case Study 5: Case study project assessment: approaching the assessment, using the research materials; CGT, CAT and stamp duty case study.

Case Study 6: CGT, CAT and stamp duty case study.

Case Study 7: Ethics, tax planning, tax avoidance and tax evasion.

Case Study 8: Non-technical communication; client letters: purpose and content, case study examples.

Case Study 9: Revenue audit and compliance interventions; disclosures; non-disclosure and consequences; penalties, publication and prosecution.

Case Study 10: Corporation tax case study based.

Case Study 11: Case study project assessment: approaching the assessment; Corporation tax case study.

Case Study 12: Corporation tax case study.

Student Effort Hours:

Approaches to Teaching and Learning:

The module is delivered primarily through interactive workshops. The material draws on the material covered in ACC41200 Capital and Indirect Taxation, and on the material covered in ACC41080 Corporate and Personal Taxation, which is taught in parallel. Students are provided with pre-reading for each workshop, and as the workshops progress are required to do more independent tax research in advance of the workshops themselves. Students work in groups in the workshops, teasing out technical issues, researching and collating research sources, identifying further information needed in order to give conclusive tax advice, and, where appropriate, examining more tax efficient alternatives. The workshop facilitator moves from group to group answering questions and guiding the research and analysis. At the end of each workshop, two groups of students are invited to present their findings and answer technical or non-technical questions posed by the workshop facilitator

Not applicable to this module.

Not applicable to this module.
 

Assessment Strategy  

 

Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

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