fb
$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

TLAW 303 Taxation Law

tag 0 Download9 Pages / 2,174 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question

Choose just one  of these topics

1) “Taxing the Australian Dream”: Property taxes as a way to improve tax revenue. In a report by John Daley and Brendan Coates, ‘Property Taxes’, the authors argue for the introduction of a $2 levy for every $1000 of unimproved land value held. Their findings suggest that this would raise $7 billion a year in tax revenue. (See: https://grattan.edu.au/report/property-taxes/). In an academic paper:
 
a. Outline some of the major findings in Daley and Coates Report;
b. Discuss and critique the idea of introducing a such a property tax; AND
c. Provide insight and recommendations about whether such a reform is good tax policy.
 
2) “My Fair Share of Tax? A fair share for large corporate tax payers?” The ATO released a report (known as the ‘Corporate tax transparency report for the 2014-15 income year’) which details the amount of tax paid by public and foreign entities (including foreign private companies) with total income of $100 million or more. The report is part of a much wider domestic and global focus on improved corporate transparency, and is intended to inform public debate about tax policy, particularly in relation to the corporate tax system. In an academic paper: 
 
a. Outline some of the major findings in the ATO’s Corporate Tax Transparency Report;
b. Discuss and critique some of the concerns about the amount of tax paid by large corporations (especially those with international transactions); and
c. Provide insight as to how the amendments to the law will ensure large corporations pay their ‘fair share’ of tax.
 
3) “Trusts – a viable business form for SMEs or just tax avoidance”. Australia is unique compared to other countries in terms of the use of trusts for commercial operations. In particular, a large percentage of trusts are used to conduct micro businesses (turnover less $2M). Some consider that the use of trusts in such operations is purely tax driven, while others point to valid commercial considerations (see: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2224405) . In an academic paper:
 
a.Provide data about the current utilisation of trusts for business operations in Australia – particularly small and medium enterprises (SMEs); 
b. Outline some of the issues that can face SMEs and consider whether the use of trusts assists or hinders in addressing these issues;
c. Consider if there is any evidence to support either contention (tax avoidance or valid commercial reasons) for the use of trusts by Australian SMEs;
d. Provide conclusions and recommendations about the commercial use of trusts by Australian SMEs.
 
4) “Helping the rich save for retirement”: Does Australia’s superannuation system favour the rich compared to the poor? There has been considerable public debate about both the quantum and equity of tax concessions for superannuation. This has been in the context of recent government budgets facing fiscal challenges and the Intergenerational Report which highlighted Australia’s ageing demographics and the likely impact on tax revenue. (For example see: http://www.superannuation.asn.au/policy/reports for “Superannuation and high account balances”). In an academic paper:
 
a. Outline the role and aim of Australia’s tax concessions for superannuation;
b. Outline how, and how much, past and current tax concessions have advantaged high wealth individuals; and
c. Provide insight and recommendations (focusing on the tax system) about what Australia should do to provide for its aging population’s retirement.
 
5) “Planning for tax: What is the motivation when choosing a business form?” The choice of business form (i.e. sole trader, partnership, trust or corporation) is an incredibly important decision but what is the motivation behind the choice, and later satisfaction? In an academic paper:
 
a. Outline to what extent different business forms are used in Australia (indicate any preferences in industry sector, regional location or time period)
b. Describe and critique research that has considered the underlying factors/motivations by advisors and/or business entrepreneurs with the choice of form.
c. Provide insight as to whether choice of business form is all about tax planning and what relationship this has (if any) with later commercial satisfaction with the initial choice.
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 9 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). TLAW 303 Taxation Law. Retrieved from https://myassignmenthelp.com/free-samples/tlaw303-taxation-law/superannuation-system.html.

My Assignment Help (2021) TLAW 303 Taxation Law [Online]. Available from: https://myassignmenthelp.com/free-samples/tlaw303-taxation-law/superannuation-system.html
[Accessed 17 October 2021].

My Assignment Help. 'TLAW 303 Taxation Law' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/tlaw303-taxation-law/superannuation-system.html> accessed 17 October 2021.

My Assignment Help. TLAW 303 Taxation Law [Internet]. My Assignment Help. 2021 [cited 17 October 2021]. Available from: https://myassignmenthelp.com/free-samples/tlaw303-taxation-law/superannuation-system.html.


Myassignmenthelp.com has the best team of writers for primary level homework help service. We intend to share the load of homework on children so that they can engage in recreational activities. With some of the best ghostwriters at the rescue, kids can now spend time playing. We have proved ourselves time and again why we are considered one of the best essay writer services. We also offer help for college-level papers.

Latest Tax Samples

LAWS6016 Taxation Law

Download : 0 | Pages : 2

Answer: Introduction: According to the case study, Peta mainly bought the house two years ago, where it holds two old tennis courts. The intention of Peta was mainly to reside in the houses, while generating income from nearby tennis courts. Nevertheless, later in some point Peta sold the tennis courts for $600,000, which is mainly termed as the assessable income. However, the overall motive of Peta was to reside in the property and earn from t...

Read More arrow Tags: Australia Hurstville Humanities principlesof finacial markets University of New South Wales 

LAWS19033 Taxation Law And Practice

Download : 0 | Pages : 7

Answers Part A 1. The inspector general for the taxation is an independent officer for the statutory office who recognizes the concerns related to the law management. Generally, they are concerned regarding the management issues that are not in favour for managing the administration of good tax. The inspector general provides an independent suggestion to the government officials. 2. The following legislation governs the authority of the taxati...

Read More arrow Tags: Australia Tullamarine Management Safty  University of New South Wales Managemnt 

HA3042 Taxation Law

Download : 0 | Pages : 5

Answers: 1. The key concern relates to determining the status of the various payments derived by a professional mountain climber Hilary in accordance with Section 6(5), ITAA 1997. In accordance with the material facts, Hilary is approached by a local newspaper that is willing to make a payment of $ 10,000 if Hilary would write her life story. Hilary agrees for the offer extended for the newspaper and completes the story without assistance of ...

Read More arrow Tags: Australia Kotara Humanities CDR for Plant Engineer(Power Plant) University of New South Wales Masters in Business Administration 

BULAW5916 Taxation Law And Practice

Download : 0 | Pages : 13

Answers Part A  Introduction The Meaning and Purpose of Taxation Taxation by the term which imposition of certain charges and amount on an individual for income he earns in a particular year based on the various kinds of operations he indulges in to do such kind of business.  It is done by the government to raise revenue for the various kind of government expenditure that is the most proficient way by which the government can rais...

Read More arrow Tags: Australia Springvale Management University of New South Wales 

BLO2206 Australian Taxation Law And Practice

Download : 0 | Pages : 9

Answers: Answer to Question 1 Issue Jenny is a resident of Hong Kong but as her profession involves travelling from one place to another thus she came to Australia regarding her profession. Now the issue is that whether Jenny who is staying in Australia for the last few months will be considered as a resident of Australia or not for the purpose of taxation. Laws The laws or acts or rulings or judgements that can be used to establish the re...

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

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?