Reference no: EM133018207
ACCG3020 Taxation Law and Practice - Macquarie University
A resident company pays a fully franked dividend of $700 to a resident shareholder. Advise the income tax implications of the shareholder if it is:
1. an individual subject to the top marginal tax rate;
2. an individual with marginal tax rate of 15%;
3. a company with other assessable income of $8,000, and a carried forward loss of $12,000;
4. a company with other assessable income of $9,000 and deductions of $16,000; and
5. a partnership with two resident individual partners sharing equally partnership profits or losses.
Oral presentation with PPTs: analysing and addressing the tax issues in the assigned question.
Students can choose their own style in presenting the material by resorting to legislation, tax ruling, case law, common law and statutory principles. - The presentation include slides (Between 3- 5 PPT slides)
On successful completion you will be able to:
Identify tax issues and apply the provisions of relevant tax legislation to real-life situations
Develop a suitable set of tax management strategies for a variety of taxpayers
Present, evaluate and use numerical and statistical information related to taxation
Apply research skills to source and interrogate tax law materials and interpret complex legal information.