Taxation Law

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

TAXATION LAW1
Table of Contents
Part A:........................................................................................................................................2
Letter of Advice.........................................................................................................................2
Part B:.........................................................................................................................................5
Net Income of Partnership:........................................................................................................5
Distribution Statement:..............................................................................................................6
References:.................................................................................................................................7

TAXATION LAW2
Part A:
Letter of Advice
To Jack
From: Coopers Tax Agency
Date: 8th May 2019
Dear Jack
The present letter aims to guide with you with the residential status by taking into the
account the factors that you have stated. We would like to inform you that “Taxation Ruling
of IT 2650” is related to those individuals that has the fixed dwelling place in overseas
country (Woellner et al. 2016). The ruling explains that whether the person will be treated as
tax occupant of Australia that are having fixed dwelling outside Australia and ceases to be
dweller of Australia during the course of their overseas stay.
Denoting “subsection 6 (1), ITAA 1936” an individual is considered Australian
inhabitant given they have the Australian domicile and the officer is contented that the person
has no fixed home of dwelling outside Australia (Braithwaite and Reinhart 2019). The
definition includes those people are present in Australia physically for six months in the
income year. To determine your residential status, we have referred to four test which is
relevant in your situation. This consists of;
a. Resides Test
b. The Domicile Test
c. The 183-Day Test
d. Superannuation Test