Taxation Law

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• Subject Name: Taxation Law

Federal Commissioner of Taxation v Stone 2005 ATC 4234 Brief Facts Joanna stone was one of the athletes who was playing for Australia Olympic and had represented the country in various international competition including the Olympic Games. Stone was also employed in the police force in Queensland. However, she had retired from the sport due to injuries caused during the game and now working as a full-time policewoman. Stone had received var…

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• Subject Name: Taxation Law

Part-1 Solution: Fringe Benefits Tax Fringe benefit are those payment made by employer to employee other than by way of salary. Employee means any employee who serve or serving in current, past or future. It also includes director of the company and a person being beneficiary of trust involve in activity in relation to business. There are different types of fringe benefit can be provided such as providing interest free loan to employee, …

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• Subject Code : BFA714
• University : University of Tasmania My Assignment Services is not sponsored or endorsed by this college or university.
• Subject Name: Taxation Law

(A) Explain and determine the Section 90 (ITAA36) partnership net income for the 2020 income year. Partnership In a layman’s language, partnership is something where two or more than two people come together to constitute any business activity in order to meet their common objective or mutual forecasted goal from the same. However, technically partnership is something where all the individuals form a relationship in view of profit and…

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• Subject Code : HI6028
• University : Holmes Institute My Assignment Services is not sponsored or endorsed by this college or university.
• Subject Name: Taxation Law

Week 1 Different Functions of Taxation Taxes are described as contributions by donors to budget and extra-budget funds in set sums within a normal and specified time period. The tax purpose is an abstraction of its essence, the tax feature outlines its social goals of value-based allocation and income redistribution. Any step taken by the taxing machinery is an indication of the essence or group of such internal features, indices or econ…

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• Subject Code : HI6028
• University : Holmes Institute My Assignment Services is not sponsored or endorsed by this college or university.
• Subject Name: Taxation Law

Calculation of Taxation Law  Table of Contents Week 6 Week 7 Week 8 Week 9 Week 10 References Week 6 The provisions of the Income Tax Assessment Act related to Fringe Benefit Tax provide that any payment made by the employer towards expenses of the employee would be regarded as a fringe benefit irrespective of whether the amount is reimbursed to the employee or paid directly to any third party (ATO, n.d. a). Accor…

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• Subject Name: Taxation Law

Case Study of Taxation Law Table of Contents Question 1: Case of John and his invalid brother Paul Question 2: Case of Oliver and loan fringe benefit Question 3: Case of David and Emma Question 4: Case of Anna and Eastern Medical Centre Question 5: Case of DK Pty Ltd and Dennis Denuto Reference  Question 1: Case of John and his invalid brother Paul As per ATO, one cannot claim its tax offset for maintaining any oth…