Stephen Chen, CTA, Subject Convenor
Subject
CommLaw2 Entities & Business Structures
Advise your clients on their choice of business structure
There are many types of business structures and entities available in Australia. Each one has a distinct impact on the licenses needed, the amount of control, potential personal liability and tax. It’s important for you to understand, and advise clients on, the implications of the entity they choose. This subject will help you develop and present skilled analysis of business structure choices.
CommLaw2 includes regulatory issues concerning superannuation (other than tax–related), bankruptcy and insolvency. Importantly, it also examines instances where commercial law and the taxation treatment converge.
This subject is offered via distance learning using an online learning platform supported by pre–recorded webinars and email support from the Convenor, a subject matter expert.
Download the Information Pack to view the learning outcomes for each of the 4 modules within this subject.
- Subjects1
- Credit Points6
- LevelIntroductory
- Cost$1,995
- CPD120 hours
- DeliveryDistance learning
- Study Length12 weeks
- Study Periods3 per year
- Study Per Week10 hours
- Subject CodeATL005
- Subject PrerequisitesNil
ATL005 CommLaw2 Entities and Business Structures identifies the tax impacts of a diverse range of commercial transactions which relates to the law of entities (including partnerships, corporations and trusts).
Who is this for?
- associate lawyer
- certified financial planner
- corporate tax accountant
- lecturer or tutor
- registered tax agents who wish to meet licence requirements
- tax and financial advisers
- tax manager.
Entry requirements
To enrol in CommLaw2, you’ll need to meet English language requirements if your 6 years of high school learning were not conducted in English.
Learning outcomes
On completion of ATL005 CommLaw2 Entities and Business Structures you will be able to, but not limited to, understand the legal concepts of business structures when advising on the legal concepts of business organisational structures and their underlying regulations.
Modules
- business structures: sole traders, partnerships and corporations
- trusts, agencies, joint ventures and incorporated associations
- superannuation: non-tax legal aspects
- bankruptcy and insolvency: place in Australian commercial law
Assessment structure
- Online module quizzes - pass mark 50% Weighting 40%
- Exam - pass mark 50% Weighting 60%
Please note that all assessment tasks must be passed in order to complete the subject.
Distance learning - a flexible learning approach using an online learning platform supported by pre-recorded webinars and email support with a subject matter expert.
Assessment-only study - allows candidates to accelerate their studies by progressing directly to the assessments for the subject based on prior study, qualifications and experience.
Candidates will only recieve access to past exam papers and online checkpoint tests prior to the exam.
Resources made available to a candidate (excluding assessment-only study) are:
- access to an online learning portal
- study materials (soft copy)
- access to Legal Research and Reasoning Course
- access to CCH recommended readings
- recorded webinars
- online checkpoint tests
- past exam papers (where applicable)
- access to a subject convenor for technical questions
- assessment preparation resources
- research skills webinar
- support from trained subject coordinators.
Recognition of prior learning (RPL)
RPL is a process for providing candidates credit for learning or qualifications completed before your enrolment with The Tax Institute Higher Education.
To apply for RPL (fee $200), please complete the RPL form. Evidence of your qualifications will need to be provided with this application.
Please view our current timetable.
ATL005 CommLaw2 Entities and Business Structures
Standard ATL subject enrolment fee $1,995.
Standard ATL subject enrolment fee is GST exempt.
Standard prices are valid until 11 August 2025.
All Tax Institute Higher Education candidates are eligible to receive Education Membership of The Tax Institute for $220 (saving $365) upon enrolment until 30 June in the subsequent calendar year. Member fees attract GST and price quoted is inclusive of GST.
Please refer to the Candidate Care Guide where you'll find information on our policies.
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