Analysis of Residency, Taxation, and Real Estate Law Scenarios

This assignment analyzes two scenarios related to Australian law. The first scenario examines Mr. Harry Simpson's residency status and potential tax exemptions under ITAA36 s23AG, considering his work visa, overseas contract, and subsequent illness. It explores the conditions for visa cancellation and the importance of demonstrating genuine efforts to fulfill employment obligations. The second scenario focuses on Peter Miles' real estate transactions, including selling a rural property, purchasing land on the Sunshine Coast, and developing townhouses. It delves into relevant legislation such as the Land Transfer Act 1893, Strata Titles Act 1985, and Land Administration Act 1997, highlighting the legal requirements for property sales, construction, and land administration to ensure a successful retirement plan. The assignment applies legal principles to these factual situations, providing a comprehensive overview of the relevant laws and their implications.