Assignment about Analysis on Taxation

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

TAXATION1
Table of Contents
Letter of Advice.........................................................................................................................2
Issues:.........................................................................................................................................2
Rule:...........................................................................................................................................2
Application:................................................................................................................................4
Conclusion:................................................................................................................................5
References:.................................................................................................................................6

TAXATION2
Letter of Advice
Issues:
Whether Mr. Lightyear will be viewed as Australian citizen within “sec 6 (1) ITAA
1936” or a foreign occupant under “sec 995-1, ITAA 1997” for the year ended 2017 and
2019.
Rule:
Residents has been explained in “sec (1), ITAA 1936” which means someone that is
living in Australia and has perpetual home in Australia, except on occasions when the tax
official is satisfied that the perpetual abode of taxpayer is out of Australia (Barkoczy 2016).
The definition of resident is generally carries four different test and the last test is simply
viewed objective. The four alternative test are
1. “Resides Test”
2. “Domicile Test”
3. “183-days Test”
4. “Superannuation Test”
Resides Test:
This test involves the behaviour of a person consistent with that of a resident when
they are present in Australia (Sadiq 2019). The relevant consideration as per this test
includes;
a. Objective or the purpose of presence
b. Employment ties, domestic or business connections.
c. Maintenance and location of assets
d. Societal and living arrangements