Discuss and critically analyse the court

Assignment Help Taxation
Reference no: EM131513017 , Length: word count:2000

Group assignment - students are to group themselves to a minimum of 3 and a maximum of 5 students per group.

Research only one of the following Australian cases involving a Taxation issue:

1. Weeks v. Federal Commissioner of Taxation - (25 January 2013) (25 January2013)

2. Sanctuary Lakes Pty Ltd v. Federal Commissioner of Taxation - (24 May 2013) (24 May 2013)

3. Azer v. Federal Commissioner of Taxation - (4 July 2016) (1 July 2016)

4. Walker v. Federal Commissioner of Taxation - (14 March 2017) (14 March 2017)

5. Kael v. Federal Commissioner of Taxation - (20 January 2017) (20 January 2017)

6. Vo v. Federal Commissioner of Taxation - (26 May 2015) (26 May 2015)

7. Bond v. Federal Commissioner of Taxation - (25 March 2015) (25 March 2015)

8. Re Excellar Pty Ltd and Federal Commission of Taxation - (30 April 2015) (30 April 2015)

9. Bywater Investments Ltd and Others v. Federal Commissioner of Taxation* - (11 December 2015) (11 December 2015)

10. Aurora Developments Pty Ltd v. Federal Commissioner of Taxation - (18 March 2011) (18 March 2011)

Write a report outlining the following:
- Case introduction.
- Outline the Sections breached and explain why those sections were breached.
- Discuss and critically ANALYSE the court/tribunal decision and the reason for the decision in view of the corresponding Act (e.g. GST, FBT, etc)
- Present the report in class. All members must present on the day or a fail will be recorded. Presentations will be of a maximum of 5 minutes.
- Your lecturer will let you know when you have to present.

Maximum word limit - 2,000 words. Proper referencing in accordance with school regulations.

Verified Expert

The paper is in relation to the concept of the 'genuine redundancy payment'. The appellant case was rejected by all the courts. In this case, the tax payer appeal was dismissed by the courts because the tax payer was of the view that the amount received by her on voluntary retirement was tax free where as the courts concluded that the amount received by her was taxable as because the amount received was not "genuine redundancy payment" as per the Income Tax Assessment Act 1997(Sections 83-175)

Reference no: EM131513017

Questions Cloud

Design your 3d environment : CS 475/575 -- Spring Quarter 2017 - OpenCL / OpenGL Particle System - Design your 3D environment. The particles need to start from somewhere.
Explain the financial environment at genesis energy : Describe and Explain the financial environment at Genesis Energy by using ratio analysis of company. Explain two ways Genesis Energy can improve its strategy.
American bankruptcy institute : Write an essay after listening to the most recent Press Briefing on the American Bankruptcy Institute's website.
What is? unida unlevered cost of? capital : a. What is? Unida's unlevered cost of? capital? b. What is? Unida's after-tax debt cost of? capital?
Discuss and critically analyse the court : HI6028 Taxation, Theory, Practice & Law - Discuss and critically ANALYSE the court/tribunal decision and the reason for the decision in view of the corresponding Act (e.g. GST, FBT, etc)
Business school edition-walt disney prospectus : Students are to go to the Thomson One site and find the prospectus filed on December 19, 2008, by Walt Disney Company (ticker symbol, DIS).
Enterprise desktop application proposal : CIS8000 Assignment 2 - ENTERPRISE DESKTOP APPLICATION PROPOSAL. There are a number of technical and non-technical issues that need to be fully researched
Compute the future value : Compute the future value in year 8 of a $3,200 deposit in year 1 and another $2,700 deposit at the end of year 3 using a 10 percent interest rate.
What was your realized? return : What was your realized? return? How much of the return came from dividend yield and how much came from capital? gain?

Reviews

inf1513017

6/23/2017 5:29:41 AM

this is the best site i've been to that has amazing guides that assistance you on homework. By utilizing Expertsmind.com you'll enhance your evaluations and give you certainty when you have a test or when you're going over your homework in class

inf1513017

6/23/2017 5:29:23 AM

Okay so for PPT purpose I would like to redeem my points. So can you please get started on it. Also by what time I will get report as I was told it will be ready Sure thank you. Can you please let me know by what time I will be getting report.

len1513017

5/31/2017 6:14:45 PM

This assignment is to be submitted by the due date in both soft-copy (Safeassign – Bb). Report hard copy assignment should be submitted at the time of presentation. The assignment is to be submitted in accordance with assessment policy stated in the Subject Outline and Student Handbook. It is the responsibility of the student submitting the work to ensure that the work is in fact his/her own work. Ensure that when incorporating the works of others into your submission that it appropriately acknowledged

len1513017

5/31/2017 6:14:25 PM

Hi guys, please work on topic topic number 1 (Weeks v. Federal Commissioner of Taxation - . As we have selected that topic. Also with report a presentation needs to be created too. Thanks NO SAFE ASSIGN AND/OR NO SIGNED COVER SHEET WORK WILL NOT BE CORRECTED AND THE GROUP WILL HAVE A MARK OF 0 (ZERO). GROUPS OF LESS THAN 3 AND MORE THAN 5 PEOPLE WILL RECEIVE A PENALTY OF 10 POINTS.

Write a Review

Taxation Questions & Answers

  What is jamisons taxes due with his tax return

Jamison's gross tax liability is $7,000. Jamison had $2,000 of available credits and he had $4,000 of taxes withheld by his employer. What is Jamison's taxes due (or taxes refunded) with his tax return?

  Should the efgh deduct the december guaranteed payment

Calculating Partnership Ordinary Income/Loss and Partner Taxable Income - In what year, should the EFGH deduct the December guaranteed payment and in what year should G include this payment in tax return?

  What amount of fica taxes

What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year - Kyle worked as a free-lance software engineer for the first three months of 2014.

  Tax consequences to subsidiary and parent

Liquidation of Subsidiary - Tax Consequences to Subsidiary and Parent

  What is maxs amount realized on the sale

In addition, Max agrees to build a new barn on the property (cost $250,000) and spend $100,000 upgrading the fence on the property before the sale. What is Max's amount realized on the sale?

  Taxes and rolston corporation

The interest rate on the debt is 6 percent and there are no taxes and Rolston Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II)

  Advise fastwater ltd on the tax consequences

ACC5TAX Assignment - Case Study: Fastwater. Advise Fastwater Ltd on the tax consequences in relation to the above expenses for the year ending 30 June 2017. applying legislation and case law to support and develop your arguments

  Determine the federal income tax for 2013

Determine the Federal income tax for 2013 for the Deans on a joint return - Under the divorce decree, John was obligated to pay alimony and child support?

  Calculate return on common equity and disaggregate roce

Calculate return on common equity and disaggregate ROCE for Years 5 and 9 using end-of-year values for computations requiring an average (assume fixed assets and working capital are operating and a 50% tax rate).

  What amount should bob offer lottery winners currently

What amount should Bob offer lottery winners currently, in order for him to be indifferent between the two choices?

  Question 1 greetings online disposed of a van that cost

question 1 greetings online disposed of a van that cost 22000 with accumulated depreciation of 15000.the journal entry

  Complete the subsequent tax returns

Complete the subsequent tax return's

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd