Taxation Law

Running head: TAXATION LAW
Taxation Law
Name of the Student
Name of the University
Authors Note
Course ID

1TAXATION LAW
Table of Contents
Part A:........................................................................................................................................2
Letter of Advice.....................................................................................................................2
Part B:.........................................................................................................................................5
Net Income of Partnership:....................................................................................................5
Distribution Statement:..........................................................................................................5
Part C: Video Transcript:...........................................................................................................6
References:.................................................................................................................................7

2TAXATION LAW
Part A:
Letter of Advice
To Jack Johnson
From: Optic Tax Advisers
Date: 29th May 2019
Dear Jack
We seek to your attention towards our letter in response with the recent meeting and
conversation over the phone regarding your residency status. We are providing you with the
summary of opinion regarding the matters that you have furnished.
Definition of Residents:
Under the “s6(1), ITA Act 1936” residents are defined as person that is residing in
Australia (Clark and Maas 2016). It also takes into the account of those person that meets the
domicile, 183-days or the superannuation test. So to basically to judge your residency status
we have mainly focused on four test namely;
a. Resides test
b. Domicile test
c. 183-day test
d. Superannuation test
We would like to inform you that a person is a resident if they are meeting one or
more of the aforementioned test.