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Assignment - TAXATION FOR ACCOUNTING STUDIES ESSAY-
REQUIRED: A satisfactory definition of "income" remains elusive, if indeed it could be regarded as achievable at all. As Hannan and Fansworth observed: "The word "income" is of such illusive import that it cannot be defined in precise terms which would adequately meet legislative requirements. Why its meaning is not to be found in any income tax statute is explained by the many shapes which income may assume, and the illimitable variety of circumstances in which it may be derived."
Write an essay in which you discuss your opinion of the above statement. Your essay should have discussion on the concept of income for income tax purposes and the income/capital distinction. Support your discussion with references to the Income Tax Act 2007, relevant cases, and journal articles.
Format of this essay:
Please use NZ taxation 2019 book and NZ legislations to answer this. The essay should be referenced using the New Zealand Law Style Guide (NZLSG). Do NOT use APA style referencing. Length: Approximately 2,000 words (excluding reference list).
Please find attached tax assignment question and marking rubric. Please use NZ taxation 2019 book and NZ legislations to answer this. Format of this essay: Introduction, Discussion - using appropriate sub headings and Conclusion. Make sure that you use NZ legislations not australian legislations. Also can you please use the book the one I have mentioned - E-Book NZ taxation 2019. Please make sure there is NZ legislation is used.
Taxation for Accounting Studies Essay Marking Criteria - Addressing the task: Clearly Identifies and addresses all the main questions in the essay brief and the subsidiary, embedded or implicit aspects. Discussion: Thorough discussion was provided and supported with appropriate examples and extensive additional relevant information from authoritative sources. Analysis and Evaluation: Provides an in-depth analysis and evaluation of the topic question and builds a compelling case. Opinion is clearly articulated with very logical arguments. Structure/Organisation: Develops ideas logically and coherently with smooth flow throughout the essay. Written communication: The language contains very few, if any, errors in grammar and vocabulary. If slips are present, the meaning is still clear. Conventions of academic writing (e.g. references and presentation) are followed meticulously.
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