HI6028 Taxation Theory, Practice & Law

Task brief:

Case Studies of Specific Deductions and Tax Liability.

The individual assignment will assess students on the following learning outcomes:

1. Demonstrate an understanding of the Australian income tax system, theconcept of FBT, Ordinary Income, deductions, general anti-avoidanceprovisions and income tax administration. (ULO 1).
2. Identify and critically analyse taxation issues. (ULO 2).
3. Interpret the relevant taxation legislations and case law. (ULO 3)
4. Apply taxation principles to real life problems. (ULO 4).

Solution:

Introduction

The government requires funds. . .