TAXATION LAW TAXATION LAW 5 Taxation Law Name of the Student Name of the University Author Note Question 1 3 Issue 3 Rule 3 Application 3 Conclusion 4 Question 2 4 Issue 4 Rule 4 Application 5 Conclusion 8 9 References Question 1 Issue The issue in this situation is to identify whether the payment received by AAPL worth $4 million by selling the trademarks to common bank would be regarded as assessable income Rule As provided by the rules of s.6-5(1), assessable income of a person includes all