Advanced Income Tax Law Assessment

This document provides a comprehensive calculation for a prescribed person in Advanced Income Tax Law Assessment. It includes calculations for excepted assessable income, eligible assessable income, and net tax payable. The document also includes calculations for tax payable by the trustee on behalf of beneficiaries and the allocation of partnership net income. Additionally, it provides a reconciliation of taxable income for a small business entity and a franking account for a corporate tax entity. Finally, it includes calculations for average income for a primary producer.