LENGTH OF ASSIGNMENT - 2,000 words (plus or minus 10%). Read all instructions before completing and submitting the assignment. You are required to submit an answer to the attached assignment question by the due date and time for lodgment. Any requests for extension must be made prior to the due date via e-mail to the lecturer-in-charge. Your assignment must be submitted electronically via the link that will be made available on Moodle. You should follow the ‘quick presentation and referencing guide’ which immediately follows the marking criteria at the end of this list of instructions. Failure to do so will be reflected in your mark for the assignment.

The word limit will be strictly enforced. In preparing an answer, you will inevitably discuss issues raised by the assignment with other students. There is nothing in the UNSW rules prohibiting such discussions. However, in the end, you must be able to state that the work that you have submitted is your work. Given that this assignment is a problem type question that may require you to undertake research, no staff member working on this course, or any staff member in the School of Taxation & Business Law, will provide assistance to you in writing and researching your answer. Accordingly, please do not ask a staff member questions related to the assignment. If you require clarity in relation to any facts contained in the assignment question, these should be directed to the lecturer-in-charge.

Although the broad topics raised in the assignment will be topics covered in the course, the assignment will raise issues that will not necessarily have been discussed in lectures or tutorials. This means that you may have to go beyond the prescribed materials for the course in relation to some issues. Whilst you will not be given a separate mark for research, reading beyond the textbook / required readings may assist you in writing your answer.

You are welcome to source information from the ATO (particularly from Taxation Rulings or similar), but extensive reliance on ATO documents (and the ATO website) instead of legislation and case law will be reflected in your mark. You should use the ATO publications to support your understanding of the legislation, (and should reference any ATO materials appropriately), but you should not use it as a replacement for referring to legislation and cases.

If you are dissatisfied with your grade, you should review your assignment and the feedback given. Discussions regarding grades will not be entered into until you have reviewed your marked assignment. You should then discuss your grade with the lecturer-in-charge. If you are still dissatisfied with your grade, you are allowed to request a formal re-mark. Please note that such a re-mark can result in your grade either (i) staying the same; (ii) being increased; (iii) being reduced.

MARKING CRITERIA - Markers will be evaluating your assignments based on the following criteria: Knowledge/Critical thinking and problem solving - For each transaction, have you: correctly identified the issue; correctly identified appropriate law (legislation and/or cases as appropriate); correctly applied the law to the facts; clearly argued points that may be in doubt; reached a conclusion as to the taxation treatment. Written communication/presentation: Does your assignment have a clear structure? Is it free of errors (such as spelling, grammatical or typographical errors)? Does your assignment follow the “presentation and quick reference guide” included in this document?

PRESENTATION AND QUICK REFERENCE GUIDE - Presentation - You must use one and a half (1.5) spacing and a font size of 12. You must leave at least a 2.54 cm margin from both sides of the A4 page (note that this is the ‘normal’ margin setting in Microsoft Word). Your assignment is required to be referenced. You should use footnotes and your assignment should also include a reference list. The School of Business and Taxation Law generally follows the Australian Guide to Legal Citation (“AGLC”). Footnotes are not generally counted in the word count. However, you must not place substantive parts or central parts of your answer or argument in footnotes.

Calculations are not included in the word count. We encourage you to use tables to present calculations. These can be included in the body of your assignment. Quotations are included in your word count. The reason for this is that we do not want you quoting large portions of the legislation in your assignment. The markers know what the legislation says. (Similarly, although you will at times need to refer back to specific facts given in the question, we do not want you to restate all the facts in your assignment. This is a waste of words).

You can (and are encouraged to) use headings / sub-headings in your answer. You should carefully proof-read your answer (a number of times) before submission. Referencing - Your assignment must be fully and properly referenced. In your assignment, you will need to refer to, at a minimum, legislation and cases. You may also want to refer to a range of other material including government documents, books and websites. Provided in the below tables are some examples of how to cite these sources. Note that these are examples only – some of these will not be relevant for your assignment, and you will be expected to refer to sources that are not included in the table.