logo

Taxation Law- Case Study of Eric

   

Added on  2020-04-07

13 Pages2133 Words46 Views
Running head:TAXATION LAW1Taxation LawStudent NameUniversity Name

Running head:TAXATION LAW2Table of ContentsQuestion 1: Answer- Case Study of Eric.........................................................................................4Regulations to the case....................................................................................................................4Application to the case.....................................................................................................................5Questions 2 Answer: Case Study of Brian......................................................................................5Issue.................................................................................................................................................5Regulations to the case....................................................................................................................5Application to the case.....................................................................................................................5Question 3: Case study of Jack and Jill...........................................................................................7Issue.................................................................................................................................................7Regulations to the case....................................................................................................................7Application to the case.....................................................................................................................7Question 4: “IRC v Duke of Westminster[1936] AC 1”.................................................................8Question 5: Case study of Bill.........................................................................................................8Regulations to the case....................................................................................................................9Application to the case.....................................................................................................................9References and Bibliography.........................................................................................................10Appendices....................................................................................................................................12Calculations for Question 2...........................................................................................................13

Running head:TAXATION LAW3

Running head:TAXATION LAW4Question 1: Answer- Case Study of EricIssueIn the given case, the main issue deals with the calculation of capital losses and gains from saleof assets as per the rules and regulations defined “under section 108-20 of the ITAA 1997”Regulations to the casei.“Section 108-20 of the ITAA 1997”ii.“Section 108-10 of ITAA 1997”Application to the caseThe given analysis has been done as per Australian Taxation rules and regulations. In accordanceto “section 108-20 of the ITAA 1997”, loss of $1,000 for the home sound system cannot be

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
HI6028 Taxation Theory, Practice and Law Assignment
|10
|1439
|32

Taxation Law ITAA 1997 Assignment
|9
|2106
|40

Taxation Law Assignment | ITAA 1997
|13
|1893
|70

Foundations of Taxation Law Assignment- Answers
|12
|2206
|218

HI6028 Taxation Theory, Practice & Law
|10
|1703
|157

Utilization of Taxation Law Assignment
|9
|1427
|141