08 Jul DISCUSS WHETHER FRED IS A RESIDENT OF AUSTRALIA FOR TAXATION PURPOSES. ( 4
Taxation, Theory, Practice & Law
This assignment is to be submitted by the due date in both soft-copy
(Safeassign – Bb) and hard copy.
The assignment is to be submitted in accordance with assessment
policy stated in the Subject Outline and Student Handbook.
It is the responsibility of the student submitting the work to ensure
that the work is in fact his/her own work. Ensure that when
incorporating the works of others into your submission that it
appropriately acknowledged.
Case study 1: Residence and source
Fred, an executive of a British corporation specializing in management consultancy,
comes to Australia to set up a branch of his company. Although the length of his stay
is not certain, he leases a residence in Melbourne for 12 months. His wife
accompanies him on the trip but his teenage sons, having just commenced college,
stay in London. Fred rents out the family home. Apart from the absence of his
children, Fred’s daily behavior is relatively similar to his behavior before entering
Australia. As well as the rent on the UK property, Fred earns interest from
investments he has in France. Because of ill health Fred returns to the UK 11 months
after arriving in Australia.
Requirement
Discuss whether Fred is a resident of Australia for taxation purposes. ( 4
Marks, maximum 500 words)
Case study 2: ordinary income
Explanations of the respective outcomes reached by the courts in the following cases
which all involving sales of land
I. Californian Copper Syndicate Ltd v Harris (Surveyor of Taxes) (1904) 5 TC
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.