HI6028 Taxation Theory, Practice and Law

Purpose of the assessment (with ULO Mapping)

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

1. Demonstrate an understanding of the Australian income tax system, the concepts of income and deductions, CGT, FBT, GST general anti-avoidance provisions 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).

Question 1

Identification of material facts regarding The City Sky Co goods and services tax (GST) consequences discussed in the assignment question.

Identification and analysis of legal issues / legal question and relevant laxation law.

Thorough yet succinct application of tax law to material facts.

Detailed and accurate conclusions are reached from the discussion.

Correct information and taxation law have been used and properly cited. A detailed analysis has been performed.

The work shows excellent understanding of the cases and/or section of legislation, its context and application of taxation law.

Question 2

Identification of material facts regarding Emma’s capital gain tax (CGT) consequences discussed in the assignment question.

Identification and analysis of legal issues / legal question and relevant laxation law.

Thorough yet succinct application of tax law to material facts.

Detailed and accurate conclusions are reached from the discussion.

Correct information and taxation law have been used and properly cited. A detailed analysis has been performed.

The work shows excellent understanding of the cases and/or section of legislation, its context and application of taxation law.