Write about a recent court case that happened in singapore

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Reference no: EM131307090 , Length: word count:1500

BAAFM TAX ASSIGNMENT

Real Life Case study - Write briefly about a RECENT COURT case that happened in Singapore or any other country where the issue was about income  and Capital.

EXECUTIVE SUMMARY [ONE PAGE ONLY]

INTRODUCTION: The purpose of the report [What is the objective of this paper]

BODY: Definition of Income

Definition of Capital

Eisner v Mccomber - Court Case

Cite an example of income and capital

How to distinguish between them?

Why is it important to distinguish between them: Singapore (no tax on capital & only income is taxable) and Australia (or any other country of your choice) (income and capital is taxable).

Conclusion - To sum up the report of capital and income

[WORD LIMIT 1500 WORDS plus minus 10% excluding executive summary and references]

References At least 8 [4 off line and 4 online] - In the report, citations are relevant. (USE HARVARD REFERENCING METHOD).

Reference no: EM131307090

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Write about a recent court case that happened in singapore : BAAFM TAX ASSIGNMENT. Real Life Case study - Write briefly about a RECENT COURT case that happened in Singapore or any other country where the issue was about income  and Capital
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