Explain how the tax laws and regulations in australia

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Reference no: EM133152213 , Length: word count:2000

Assessment question: In Week 7, students will be given a set of questions requiring them to critically analyse, evaluate and explore practical issues in taxation law.

The aim is to assess students' ability to think through how to structure and present formulated arguments in a written report of 2,000 words

Assessment: In students will be given a comprehensive case study requiring them to critically analyse, evaluate and explore practical issues in taxation law.

Assessment addresses: The aim is to assess students' ability to think through how to structure and present formulated arguments In a written report.

LO A: Describe the general structure and operation of the Australian taxation system.

LO B: Explain how the tax laws and regulations in Australia have been applied to calculating the taxable income and tax payable for individuals and business entities.

LO C: Identify and demonstrate an understanding of various types of taxation including income tax, goods and services tax, fringe benefits taxes and capital gain tax.

LO D: Discuss the role and responsibilities of accountants with regard to business tax requirements; stock; partnerships; dividends; and the preparation of tax lodgement.

LO E: Present taxation advice by identifying and applying relevant sections of legislations and principles of taxation law with regard to problems encountered in commercial settings and international transactions.

Reference no: EM133152213

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