Explain the burden of proof and what the taxpayer must do

Reference no: EM131968775

In an application to the Administrative Appeals Tribunal or an appeal to the Federal Court, the taxpayer has the burden of proving that an assessment is excessive or otherwise incorrect and what the assessment should have been (see sections 14ZZK and 14ZZO of the Taxation Administration Act 1953 (Cth)).

Explain the burden of proof and what the taxpayer must do to discharge it by reference to case law and the rules of evidence (as applicable).

Reference no: EM131968775

Questions Cloud

How was the organizations marketing strategy impacted : How was the organization's marketing strategy (product, price, distribution, promotion, service) impacted by consumer behavior?

Average annualized compounded return : What is the average annualized compounded return of a stock given the information below:

Management contract with its newly hired president : The Great Giant Corp. has a management contract with its newly hired president. How much must the company set aside each year for this purpose?

What is the cash flow one year from today : A distributor of computer software instruction manuals plans to expand distribution. Annual sales are currently $250000 and are expected to be $300000 one year.

Explain the burden of proof and what the taxpayer must do : Explain the burden of proof and what the taxpayer must do to discharge it by reference to case law and the rules of evidence (as applicable).

Market price per share if the company : What will be the market price per share if the company does a 1-for-5 reverse stock split?

Where do you fall on the organizational chart : Where do you fall on the organizational chart? Where are relationships strong? Where is there a breakdown? What can be done to strengthen these relationships?

Cost of building utility-scale farm to generate electricity : What is the internal rate of return (IRR)? What is the opportunity cost of building the utility-scale farm to generate electricity?

Total dollar return on investment : The stock pays an annual dividend of $0.6 per share. Today, you sold all of your shares for $30 per share. What is your total dollar return on this investment?

User Account

All Pages