HI6028 Evaluation of Application on Different Tax Law Assessment Answer
Assessment Details and Submission Guidelines
Taxation Theory, Practice & Law
Purpose of the assessment (with ULO Mapping)
Students are required to follow the instructions by your lecturer to confirm any relevant information. You also need to follow any relevant announcement on Blackboard to confirm the due date and time of the assignment.
The individual assignment will assess students on the following learning outcomes:
This assignment task accounts for 25 % of total marks in this unit.
This assignment task accounts for 25 marks of total marks in this unit.
Max 2000 words (acceptable to be 10% above or below this word limit).
Instructions: Please read carefully to avoid mistakes.
Individual Assignment Specifications
This assignment aims at assessing students on the Learning Outcome (LO) from 1 to 4 as mentioned above.
Assignment Structure should be as the follows:
QUESTION 1: DIFFERENCE BETWEEN CAPITAL AND REVENUE EXPENDITURE
Identification of material facts (issues) regarding John’s prepaid rent.
Identification and analysis of legal issues / legal question and relevant taxation law
in regards to casino’s rental (e.g. ITAA 1936 and ITAA 1997).
Thorough yet succinct application of tax law (e.g. ITAA 1936 and ITAA 1997) to
material facts in John’s case.
Detailed and accurate identification of the lump sum rental payment are reached.
Correct information and taxation law have been used and properly cited. A detailed
analysis has been performed.
Ability to show excellent understanding of the cases and/or section of legislation, its
context and application of taxation law.