User Account

All Pages

Discuss and critically analyse the tribunal decision

Assignment Help Accounting Basics
Reference no: EM131507027 , Length: word count:2000

Taxation, Theory, Practice & Law Assignment

Research only one of the following Australian cases involving a Taxation issue:

1. Weeks v. Federal Commissioner of Taxation - (25 January 2013) (25 January 2013)

2. Sanctuary Lakes Pty Ltd v. Federal Commissioner of Taxation - (24 May 2 013) (24 May 2013)

3. Azer v. Federal Commissioner of Taxation - (4 July 2016) (1 July 2016)

4. Walker v. Federal Commissioner of Taxation - (14 March 2017) (14 March 2017)

5. Kael v. Federal Commissioner of Taxation - (20 January 2017) (20 January 2017)

6. Vov. Federal Commissioner of Taxation - (26 May 2015) (26 May 2015)

7. Bond v. Federal Commissioner of Taxation - (25 March 2015) (25 March 2015)

8. Re Ex cellar Pty Ltd and Federal Commission of Taxation - (30 April 2015) (30 April 2015)

9. By water Investments Ltd and Others v. Federal Commissioner of Taxation* - (11 December 2015) (11 December 2015)

10. Aurora Developments Pty Ltd v. Federal Commissioner of Taxation - (18 March 2011) (18 March 2011)

Write a report outlining the following:

Case introduction.

Outline the Sections breached and explain why those sections were breached.

Discuss and critically ANALYSE the court/tribunal decision and the reason for the decision in view of the corresponding Act (e.g. GST, FBT, etc)

Present the report in class. Presentations will be of a maximum of 5 minutes.

Your lecturer will let you know when you have to present.

Verified Expert

The paper is in relation to the concept of the 'genuine redundancy payment'. The appellant case was rejected by all the courts. In this case, the tax payer appeal was dismissed by the courts because the tax payer was of the view that the amount received by her on voluntary retirement was tax free where as the courts concluded that the amount received by her was taxable as because the amount received was not "genuine redundancy payment" as per the Income Tax Assessment Act 1997(Sections 83-175)

Reference no: EM131507027

Questions Cloud

Appropriate hardware and operating system : Name your business Decide what your email address will be Choose the most appropriate hardware and operating system
Find the breakeven percent reduction in labor hours : Refer to Problem. The best estimate for the reduction of labor hours for the new system is 17% (compared with the used system).
Explain ethical solutions toensure that the society benefits : Identify potential ethical and social issues related to IT administration ethics and Discuss ethical and social issues pertaining to ITsystems
Find sensitivity of annual profit changes in occupancny rate : A group of private investors borrowed $30 million to build 300 new luxury apartments near a large university. The money was borrowed at 6% annual interest.
Discuss and critically analyse the tribunal decision : HI6028 Taxation, Theory, Practice & Law T1, 2017 Assignment. Discuss and critically ANALYSE the court/tribunal decision
Explain social media tools that will provide highest return : Explain both the social media tools that will provide the highest return on investment, and two key performance indicator that one could use to measure success.
Explore the inside of the system unit : 1) Explore the inside of the system unit 2) Describe the various devices used to store data before and after
Analyze the sensitivity of pw to changes in each estimate : The managers of a company are considering an investment with the following estimated cash flows. MARR is 15% per year.
Drawing programs and painting programs : 1. What is importing? Exporting? 2. Briefly compare drawing programs and painting programs.

Reviews

len1507027

5/25/2017 3:23:43 AM

Australian student, 2000 words. This assignment is to be submitted by the due date in both soft-copy (Safeassign – Bb). Report hard copy assignment should be submitted at the time of presentation. The assignment is to be submitted in accordance with assessment policy stated in the Subject Outline and Student Handbook. It is the responsibility of the student submitting the work to ensure that the work is in fact his/her own work. Ensure that when incorporating the works of others into your submission that it appropriately acknowledged. Maximum word limit – 2,000 words. Proper referencing in accordance with school regulations. Submit group assignment on-line (must do Safe Assign Check).

Write a Review

Accounting Basics Questions & Answers

  Gabriel age 40 and edith age 33 are married with two

gabriel age 40 and edith age 33 are married with two dependents. they had agi of 110000 in 2013 that included net

  Describe what problems can arise from evaluating divisions

Describe what problems can arise from evaluating divisions that have different accounting methods. Cite three examples of accounting methods that could cause divisions' profits to differ.

  Chess company uses lifo for inventory costing and reports

chess company uses lifo for inventory costing and reports the following financial data. it also recomputed inventory

  The source of the problem thousands of franchisees each of

in 2002 when mcdonalds offered to put an extra strip of bacon on any hamburger for 35 cents it encountered drastic

  Balance sheet of euisara inc

The following is a partial listing of accounts for Euisara, Inc., for the year ended December 31, 2010.

  Determine the effect on net income

Garner has sufficient unused capacity to produce the 2,000 scales. If the special order is accepted, what will be the effect on net income?

  Berry company sold goods with a total selling price of

berry company sold goods with a total selling price of 800000 during the year. it purchased goods for 380000 and had

  Sale of property received as a gift during the current year

sale of property received as a gift. during the current year stan sells a tract of land for 800000. the property was

  What types of activities are internal service funds used

what types of activities are internal service funds used to account?

  Determining amount of amortization expense

In January of 2007, Kerr successfully defends the patent at a cost of $81,000, extending the patent's life to 12/31/18. What amount of amortization expense would Kerr record in 2007?

  Harry and sally were divorced three years ago in july of

harry and sally were divorced three years ago. in july of the current year their son joe broke his arm falling out of a

  Calculate ending inventory and cost of goods sold

Calculate ending inventory and cost of goods sold assuming the average cost method and a periodic inventory system.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd