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Retrieved From Interactive Tax Consultants

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Question: Discuss About The  Retrieved From Interactive Tax Consultants?   Answer: Introducation Issue: From the background of the scenario it is understood that Mos. Jenny was a resident of Honking who initially being offered for temporary business travel to Australia in order to give suggestions to the former residents of Honking who are settled in Melbourne, Sydney, and Brisbane during April 2016. She went to visit all the...

Read More arrow Tags: Australia Willoughby East Law Taxation Law Rockdale University 

Land Transactions And Investment Regime

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Question: Discuss about the Land Transactions and Investment Regime.     Answer: Introduction: The kit was born in Chile and still has his Chilean citizenship. However, Kit is also a permanent resident of Australia. He spends a major part of the year working off the Indonesian coast on an oil rig for an American firm. He was hired by this company in Australia only, and the employment agreement was signed there too. Kit’s f...

Read More arrow Tags: Australia Brisbane Law Taxation Law University of Brisbane 

Taxation Law : Cost Of The Asset And Selling

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Question: Describe about the Taxation Law for Cost of the Asset and Selling.   Answer: Case study 1: Capital Gains Tax According to Australian Taxation office, capital loss or capital gain is the difference between cost of the asset and selling price of the asset. An individual has to pay tax on the capital gains. The capital gains forms part of the income tax and it is not consider as separate tax (Burrell and McGinn, 2009). If an in...

Read More arrow Tags: Australia Brisbane Law Taxation Law University of Brisbane  

Taxation Law And Practice Policy

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Question: Discuss about the Taxation Law and Practice Policy.     Answer: Introduction: The taxpayer was engaged in the business of providing dancing lessons in lieu of fees paid in advance. The advance fees paid by the students were placed under “suspense account” by the taxpayer. The taxpayer described this suspense account as “Unearned deposit- untaught lessons account”. The taxpayer followed the pract...

Read More arrow Tags: Australia Sydney Law Taxation Law University of Sydney 

Australian Txation Law : Daily Terror Amounting

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Question: Describe about the Australian Txation Law for Daily Terror Amounting.   Answer: 1. “Discussion on whether or not the three payments are income from personal exertion” From the above case study, it can be stated that three selected payments comes under income from personal exertion. This means that Hillary had written the book personally as well as sells the rights, manuscripts and photos to the Daily Terror amoun...

Read More arrow Tags: Australia Macquarie Fields Law Taxation Law University of Macquarie  

Taxation Law : Broad Based Consumption Tax

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Question: Describe about the Taxation Law for Broad Based Consumption Tax .   Answer: Introduction The Government of Australia itself directly controls the taxation system in Australia. The provincial governments and local governmental bodies make chief contributions in implementing the legislations related to the taxation of Australia. Goods and service taxes are levied on the products and services, which are subject to taxation. Emp...

Read More arrow Tags: Australia Bankstown Law Taxation Law University of New South Wales (UNSW) 

Australian Tax Law : Taxation Act 2016

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Question: Describe about the Australian Tax Law for Taxation Act 2016.   Answer: 1. Issue Hilary as per the information provided in the case has derived the following three payments: $ 10,000 – Sale of copyright of her autobiography $ 5,000- Sale of Manuscript $ 2,000 – Sale of expedition related photographs Other relevant information include that Hilary had no prior writing experience but still accepted the offer and ...

Read More arrow Tags: Australia South Melbourne Law Taxation Law University of Melbourne 

Australian Domicile : Business Employer

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Question: Discuss about the Australian Domicile for Business Employer.   Answer: 1. The various facts with regards to Fred are summarised below. Fred does not hold an Australian domicile and hails from England. The visit to Australia is in regards to setting office for his British employer. His children did not accompany him to Australia as they were in college but wife has come. The exact duration of stay is not clear but Fred has...

Read More arrow Tags: Australia Five Dock Law Taxation Law university of New South wales  

Taxation Law Of Australia : Business Entities

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Question: Describe about the Taxation Law of Australia for Business Entities.   Answer: The current study focuses on the assessment of the income tax that can help in calculation of the residential standing of Juliette. The first question in the current study deals with the residential status of Juliette and it suggests that the Juliette will be held as the resident of Australia enumerated from the perspectives of the income taxes betw...

Read More arrow Tags: Australia Kogarah Law Taxation Law University of New South Wales (UNSW) 

Taxation Law : Alternative Assets Insights

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Question: Describe about the Taxation Law for Alternative Assets Insights.   Answer: Introduction: The taxation act of Australia was introduced by Queensland in the year 1902. In order to help the Australian’s First World War Federal income tax was introduced in the year 1915. It is the most important system to collect revenue from the individual of the country. The financial year or the assessment year in Australia starts from ...

Read More arrow Tags: Australia Sydney Law Taxation Law University of Sydney 
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