Wednesday 25 June 2014

Australian Tax

THE FLINDERS UNIVERSITY OF SOUTH AUSTRALIA
BUSN 3054 TAXATION LAW 2013 -14 Case Study Assignment 1
The Assignment is: Australian Tax 2013, Chapter 22, Further Problem Part 1 (1-5,
but exclude 4c) pgs 737-738.
The assignment is to be completed in teams of 3 students. You must work with the
team that you are based in for your assignment.
It is important for your exam preparation and in providing internal team feedback (as
required in assignment 2) that all team members attempt all of the problems and then
meet to discuss and agree on answers. Researching and completing the problems as
the semester progresses is recommended to spread the workload.
This assignment is worth 23% of the overall assessment.
• You will not be able to be assessed on the assignment if you do not attend
tutes/ lectures and are not in a team. In this case you will have 23% added to
your final exam weighting.
The word limit is 2,000 words, your paper must include a coversheet, be typed on
one side of A4 paper and you must note the word count (Note- words in footnotes do
not count).
Use spell check, minimum 12 font and must be double spaced.
The assignment must be submitted in FLO before 11.59pm on the due date. – see
topic guide.
Late assignments will incur late penalties.
The assignment deals with the income year ended 30 June 2013.
Note in questions 1, 2 do not use tables rather focus on the key reasons and cases.
In question 3 set out your answer by following the depreciation schedules as per
lecture examples.
In question 4 set out your answer by following the 7 CGT steps as per lecture
examples.
In question 5: list out items and amounts of assessable income and subtotal, and
below this list out items and amounts of deductions and subtotal, before calculating
taxable income.
Simply go to the Flinders University website and go to the library site. Then click on
databases, select data bases by title and pick ‘A’ then go to Tax & Accounting Online
for helpful research.

No comments:

Post a Comment