LAW5230 Assignment Semester 3, 2015
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LAW5230 Taxation L Aasws iAgsnsmigennmt e nt
Due date: 11 January 2016
Value: 34%
LWimoridt: 3,000 words (excluding calculations)
This assignment consists of three (3) case studies. You must complete all the case studies and all parts of each case study.
Case Study One
Jsotuhdni eisd aa 3t 8U ySeQa r aonldd msipneinngt esnegveinreael r ywehaors wwaso rbkoinrng inin Qmueineenss lainn d.c e nJotrhanl aQnude elinvselda ntdh eareft ewri tghr ahdisu gatirinlfgri.e n dH efo pr usrecvhearsael dy eaa rhso. u se in Mackay in 2010
Icno mApparnily ,2 b0a1s4e dh ein athceceirp hteeda daq uamrtaenrasg ienm Sewnitt zerorllaen dw.i t hA sa p agrlto boaf l thmisi nrionlge hweo rwlda, s arse qaunirde dw thoe ntr advireel cttoe dm binyi ngh isc oenmstprulocyteiorn. p rTohjee ctms inailnl ga rocoumndp atnhye sphroavreidde da at wfuor nbiesdhreodo map aarptmaretmnte innt Swwitihtz ear laconldle faogru iet . e mJophlony esetasy, eadn din J othhne taop atrhtims eanpta rwtmheenn th efr owmas A nportil t2ra0v1e4l liunngt itl oA muginuisntg 2 p0r1o5je. c tHs,e aensdt imhaadt eadc ctehsast tdhuer inagp atrhtem yeenat,r aesn dheed s 3p0en Jtu tnhee 2m01aj5o rhitey hoafd t hseta yyeedar a a tto vtaalr ioofu s6 2m ninigeh stsit eins farrioeunndds itnh Se wwitozreldrl.a n Ads o rJ othimn ew taos j otrina vaenllyin sgp osrot inmgu ochr shoec iadli dcnlu’tb sh.a ve many
Iansikteiadll yh Jiso henm hpalody deirf fitcou lptiaeys ohpise nsianlga ray bianntok ahcisc oAuunstt rina liSawn itbzaenrlka nadc,c soou nhte. After a few months he was able to open a bank account in Switzerland.
sWhhee wn oJuolhdn rleenftt Ahuiss throauliase h ein cMamacek atoy , apna ayginrge eam menatr kweitt hr ehnista gl idrlifrreiecntldy tinhtaot ihnis s Atoursatgrae liiann M baacnkka ya cpcroiourn tto. lHeaev pinlagc eind Aitpermil s2 0o1f 4fu. r nDituurrineg a nthde a y meaort oernbdiekde 3C0h riJsutmnea s2 a0n1d5 fohre hvisi sfiatethde rA’su s7t0rathl ibai rtohnd atyw oin oMcacracshio 2n0s1, 5f.o r a week over
During the year-ended 30 June 2015 John had the following transactions:
? $S2a0la,r0y0 0p awida bs yp tahied minitnoi nhgi sc oAmusptarnayli aAnU Dba$n1k2 0a,c0c0o0u.n tO af nthdi s$ a1m00o,u0n0t0, was paid into his Swiss bank account.
LAW5230 Assignment Semester 3, 2015
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? The mining company awarded John a bonus for during the year year-ended 30 June 2015. It wa sh pisa igdo tood Josehrnv iocne 15 July 2015.
? gRiernlftr ieonfd $fo1r3 t,h5e0 0r enpta iodf hinist oh ohuisse iAnu Mstarackliaayn. bank account by his
? Interest on his Australian bank account of $250.
? Iwnittehrheosltd inogn thaixs hSawdis sb ebeann kd eadcuccotuend t bAyU Dth$e4 5S0w, isfsr omba nwk hipcrhio r$ 5t0o crediting his account.
? Jnooht nw woarks ifnojru trherde eo n( 3o)n ew oefe khsis avnisdi tws atos ap amidin we oinrk Aerfrsi’c aco. m Jophenns caotuiolnd roef c$e1iv,e0d0 0a ao nwee-oekff taom roeupnlat coef h$5is, 0s0a0la rfoyr dtuhrei npgh ythsiicsa tl imineju. r yJ.o hn also
DRiesqcuusirse dw:i th reference to legislation, case law and/or rulings (where rpeulrepvoasnets) wfohre ththeer Joinhcno mwoe ulyde baer ceonndseidde r3e0d aJ urensei de2n0t1 5of. ABuasstreadl iao fno r tthaixs cstoantcel uwsihoinc ha nadm oduisnctuss swinogu ldth eb es oinucrlcued eadn di nd ehrisiv aatsisoens soaf bilnec oinmceo mperi nfcoirp ltehse, yAegarer.e m Yeonut sd. o not need to consider the consequences of any Double Tax
LAW5230 Assignment Semester 3, 2015
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Case Study Two
The following separate scenarios require your advice as indicated:
Part A
Regional Aussie Bank Ltd (RAB) is an Australian resident has been making good profits in recent years. company that Due to its success it became a target for a takeover by one of the larger lbeagnakl,s . a cDcouurinntgin gth, ep yuebalirc ernedlaetdio n3s0 aJnudn e p2ri0n1ti5n,g RcAoBs tisn ciunr raend a$t7t5e,m00p0t tino defend itself against the takeover. cOunset oomf etrhse. sRerAvBic ewsa sR AsBu epdr ofvoird edsa misa ginevse sbtym esnotm aed voifc eit sf ocru hstigohm ewrse afltohr snieggnliifgiceannt t inavmesotumntesn t ofa dmvicoen eyth. at Trehseu ltCeodu ritn atwheasrdee dc usthtoem ecruss tolomseinrgs f$e2e0s0 ,w0h0e0n w thhiec hm RaAtBte rp awide notn to3 1C Mouaryt ,2 r0e1c5e.i v iRngA Ba nsp iennvto i$c4e5 ,f0ro0m0 othne l elgaawl firm on 25 June 2015. The legal fees were paid on 10 July 2015. Awfatnerte ds utcoc eesxspfaunllyd idtse fheonmdien gle nitdsienlgf baugsaiinnesst s.t h eO nt a1k eJaonvuera rya t2te0m15p ti,t pRaAiBd l$o1a,n0s0 0t,o0 0th0e toc oam plaarngye’ sm einminpglo yceoemsp iann yr etgoio bnea l tmhei nsinogle tporwonvsid eforr offi vheo m(5e) years. BRaesqeudi roend :t his information what amount can RAB claim as an allowable ednedduedct io3n0 uJnudneer s2 081-51? In cSomupep oTrat x yAosusre sdsmisceunsts iAocnt w19it9h7 rfeofre rtehnec ey eator appropriate authority.
Part B
fIins hJiunlgy t2ri0p1s4 i nB aMroryre dtoenc idBeady . t oB abruryy ac obmomate fnocre s$ 3h2is,0 b0u0s itnoe stas koen t2o8u rAisutsg uosnt 2w0a1s4 f,i vceh ayregainrsg oeldac ahn pda hssaedn dgaemr $a1g5e 0t op eitrs thriupl.l dTuhee tboo tahte B parreryv iopuusr cohwasneedr ohritdteinrg t oa msuabkme eitr gseadfe r otoc kc.o mBamrreyn chea dfi sthoi nsgp etnridp s$. 5 ,O0n0 01 tAo urgeupsati r2 t0h1e4 hBuallr riny rpeugruchlaatsioends . 12 life jackets costing $149 each to comply with safety
tIhne D beocaetm. b Bear r2ry0 1h4a da tpoa pssaeyn $g7e0r 0d atom haagveed tohnee r oofd thhoel dfiesrh irnegp lraocde dh.o lders on
pAa ssstoernmge rins sJiatn wuahrilye cthaeu sbeoda td aism targavee tlloin gth oeu ct atnov afiss hcinagn olopcya tuionndse.r wBharicrhy dweocuidlde dn otto b ere dpalamcea gethde asc aenavsailsy cina nfuotpuyr ew bitahd aw efaibthreegr.la sTsh ec arneopplayc ewmheicnht canopy cost $2,000.
LAW5230 Assignment Semester 3, 2015
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Required:
Discuss with reference to appropriate (and most relevant) law and/or rulings whether the expenses described abov ele agrisel adteiodnu,c ctiabslee fdoerd uBcatirbriyli tyi na ntdh eti myineagr isseunedse,d b u3t0 D OJu NneO T2 n0e1e5d. to Ycoaulc ulsahtoeu aldn y dciascpuitsasl allowances.
Part C
SStteellllaa isr eagnu laacrclyo untrtaavnetl se mtpol oyceliedn wt’sit h parne macisceosu nIt inTgo foirwmo oinm bTao owaonodm tbhae. s2u0r1r4o uSntdeinllag apruerac hdausreindg ah enre ww ocrkairn gfo dr a$y6 u7s,0in0g0 hwerh iocwh ns chaer .u sOend 1b oAtuhg ufosrt ypeearsros.n al and work-related travel. The effective life of the car is eight (8)
Tbheien gto wtaol rkki-loremlaetterde su tsrea.v elled to 30 June 2015 was 40,000, with 7,500kms
Stella incurred the following expenses:
Registration $670
Insurance $850
Petrol $2,250
Replacement windscreen $250
aTlhoen gw ain gdrsacvreeel nro awda,s a nbda dhley r cinhsipupraedn cew hdeidn nSotte pllrao vwidaes adnryiv cinogm ptoe nas actiloienn.t
Required:
tAhdev iusese S otef llhae rw hcaert.h e rC aslhceu laist ee nthtietl emd atxoim culamim a allonw aallbolwe adbeled udcetidounc, tiiof na nfoyr, Swtoerlklain wgsil.l be able to claim for the year ended 30 June 2015. Show all
LAW5230 Assignment Semester 3, 2015
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Case Study Three
Billy is a resident of Australia for tax purposes and has the following transactions which occurred during the inc oinmfoer myeeadr yeonud eodf l3o0s sJeusn efr o2m01 5th. e B2i0lly1 2a lysoe airn foofr m$1s 1y,o0u0 0t.h a tT hhies hloasss craerlraieteds fotorw tahred scaalpei toafl s2h0a0r9e sin. c oAmddei tyioenaar lilny hreel ahtaiosn a t o$ 1th,2e0 s0a lcea rorfi eadn fooirl wpaarindt cinagp.i tal loss from the House nDeuarirn gT otohwe ocoumrrbean ta inndc ommoev yee ator BBirlilsyb daencei.d e dT hteo sTeolol whioso 4m hbeac tparroep eprrtoyp ehratdy faalwrmayinsg b beuesni nuessesd oans tBhiell yla’sn dm, aoinn lrye shiadveinncge .a fBeiwlly shhaede pn etov eer acta trhriee dg roans sa. dHuet yfi rostf p$u2r,0ch0a0s. e dB tilhlye blaunildt othne 1h Ooucstoeb eimr m20e0d0ia tfeolry $a1f0te0r, 0p0u0r cphlaussi nsgta tmhpe lsaenlld t,h aen pdr oppaeidrt y$ 1fo8r0 ,$060200 ,in0 0c0o nosnt r1u cJtuionne 2co0s1t5s .a nBdi lltyh es ipgrnoepde ral yc osentttrlaecdt otno $115 5,J0u0ly0 . 2 T0h1e5 .r e aTl hees tarteea la geesntat tvea luaegde ntth’se tcwoom (m2)is hsieocnt aroen yathrde tshael eh owuases $w2a0s0 l,o0c0a0te. d on at $420,000 and the remaining two (2) hectare paddock at Coin pBuillryc haacsqeudi rethde ac orainr eo nR o1m Saenp ctoeimn bferor m1 9h9i8s ffaotrh $e1r’,s0 0e0st.a tAe.t tHheis tfiamthee or f hhaids fcaotihne fro’sr $d6ea,8th0 0i no nM a1y J u2n0e1 32 0t1h5e , minacrukrertin vga $lu9e5 0w ains c$o6m,0m0i0s.s i oBni lflye esso aldt tthhee time of sale. Letter of Advice:
? iPnrcolvuiddee ina dhviisc ea stsoe sBsiallbyl ea isn ctoom aen yfo rn etht ec ianpciotaml eg ayiena rh een dweildl h3a0v Jeu ntoe t2h0e1 5fo arms ao fr eas Cullti eonf tt hLee tatbeorv oef tAradnvsiaccet.i ons. Your advice must be in
? aYuoudire nlectete r( inofd iavdidvuicael sthaxopualdy ebre) warnidtt edni sicnu lsasn gthuea geca spuitiatal bglea ifnosr tthaex caonnys reeqcuoerndc-kees eopfi nega rcehq turiarenmsaecntitosn. . You should also advise Billy of
? aTnh e cAaplpcuelnadtiioxn st oo f atnhye releletvtearn,t csahpoitwailn gga inesx pshlaonualtdi obne infocrl udtehde sine rceallecvualanttio lnesg.i sl aTtihoins, cisa swe hlaewre pyrionuc ipslheos ualdn dm rualkineg sr eifne raepnpcreo atcoh inagll itnhfios rmqauteiostnio. n. Please consult the marking criteria for further 100 Marks Total for this Assignment See Criteria Sheet on next page for mark allocations.
LAW5230 Assignment Semester 3, 2015
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LAW5230 Semes –te Tra 3x,a 2ti0o1n5 L aw Assignment Marking Criteria Sheet
Case Study 1 – Assessable Income Issues
Little
attemp
t
F C B A HD
Iadnedn ctaifsicea ltaiown of legal issues, legislation
rOevleevraalnl tt haes ssetsusdaebnlet hinacso imdeen itsifsiueeds t,h e laengdis rlautliinogns a. nd where appropriate case law
0 0.5 1.5 2 2.5 3
Application
sDpeemciofincs rterastideedn lceyv eisl soufe usn idne rresltaatniodnin tgo oJfo thhne through the application of the identified law. 1 2 5 6 8 10
sDpeemciofincs dtreartievda tlieovne al nodf usnoduercres toafn dinincogm oef the iaspspuleicsa itnio rne loaft itohne tiod eJnothifnie tdh rloauwg.h the
1 2 5 6 7 9
sDpeemciofincs otrradtienda rlye vaenld o sf tuantudteorrsyta inndcoinmg eo ifs tshuee s itnh er eidlaetniotnif ietod Jloahwn. through the application of
1 2 5 6 7 9
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawpnpl yaipnpgr othperi alatew . 0 0.5 1.5 2 2.5 3
Total out of 34
Case Study 2 – Deduction Issues aLtipttettlm e F C B A HD
Iadnedn ctaifsicea ltaiown of legal issues, legislation
dOevdeuracltli otnh ei ssstuuedse,n lte ghiassla itdioenn taifniedd w thheer e appropriate case law and rulings. 0 0.5 1.5 2 2.5 3
Application
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf the business expenses for RAB. 1 2 5 6 8 10
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf the repairs for Barry. 1 2 5 6 7 9
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf ctahre expenses for Stella. 1 2 5 6 7 9
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawpnpl yaipnpgr othperi alatew . 0 0.5 1.5 2 2.5 3
Total out of 34
LAW5230 Assignment Semester 3, 2015
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Case Study 3 – Issues Capital Gains Tax
aLtittetlme pt F C B A HD
lIedgeinstlaiftiicoant iaonnd o cf alesgea lla wiss ues,
rOevleevraalnl tt hcea psittuadl egnatin hsa tsa xid eisnstuifeies,d the laengdis rlautliinogns a. nd where appropriate case law
0 0.5 1.5 2 2.5 3
Application
tDheem sopnesctirfiact ecdap lietvael lg oafi nusn tdaexr sistasunedsin ign of relation to the sale of Billy’s residence. 1 2 4 5 6.5 7.5
tDheem sopnesctirfiact ecdap lietvael lg oafi nusn tdaexr sistasunedsin ign of relation to the sale of Billy’s coins. 1 2 4 5 6.5 7.5
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawpnpl yaipnpgr othperi ate lnaewt (cCaaplictuall agtaioinn, arnedco erxdp-klaeneaptiinogn) .o f
0 1 2 2.5 3 4
Letter of Advice
gOrvaemramll acrl aarnitdy aopf perxopprreiastseionne,s su soef othf e llaenttgeura goef aanddv itceer.m inology for a client
0 1 2.5 3.5 5 6
Total out of 28
General Criteria aLtipttettlm e F C B A HD
aApbpilritoyp troia tuesley cahnods econr rreecftelyre. ncing method Bibliography. 0 0.5 1 2 3 4
Total out of 4
TOTAL (out of 100)
General Comments
LAW5230 Assignment Semester 3, 2015
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Description of Performance HD – the student has shown a vSetrayn hdiagrhd lse;v el of demonstrated ability in relation tToh eth set usdtaetnetd m cariyte hriaav be ya lcsoov edreimngo nasllt rvaatleidd paoni natbsi liinty a t ocl ethairn akn bde syuocncdin tchte m faacntnse arn. d raercgougmneisnet st.h e broader implications of the facts, missing facts or alternate A – The student has show a high level of demonstrated ability in relation to the svtaalitde dp ocirnittesr iian bay c leeiathr earn cdo vsuecricningc at llm vaanlinde pr.o iTnhtes ostru bdye ncto vmeariyn gh atvhee vmearyjo brirtiye folyf or occasionally shown ability at the HD level. sBt a- tTehde c rsittuedriean bt yh acso vsehroinwg am goosotd o lfe tvheel voaf ldide mpooinnsttsr.a Ttehde astbuilditeyn itn m realya thioanv et om tahdee some minor incorrect statements or missed some minor points. tCh e- Tshtaet esdtu cdreitnetr ihaa bs ys hcoovwe rai nsga ttihsfea cmtoariny vleavliedl opfo idnetms. oTnhset rsattuedde anbt imlitayy i nh arevlea tmioand teo rae nlautmionb etro omf amjoinro pr oiinnctosr.r ect statements but did make incorrect statements in rFe -la Ttihoen sttou dtheen ts thaatse dn octr istehroiaw nb ya msaistsisinfagc tsoormy ele mveal ino fp doeinmtso nosrt rbayt emda akbinilgit yin icno rrect statements in relation to major points. cLrititteler iAontt.e mpt – The student has not addressed or attempted to address this END OF ASSIGNMENT

Guide to Completing the LAW3130/LAW5230 Assignment
Awarding of Marks
The assignment will be graded according to the criterion referenced assessment sheet included as part of the assignment questions. You should therefore review this document carefully. Students are also encouraged to grade their own work against the criteria sheet in order to identify areas for improvement.
For case study problems like those presented in the assignment, marks are generally awarded on the basis of your identification/discussion/analysis of all relevant issues with arguments logically constructed leading to supportable conclusions. You will not be specifically penalized for reaching a different conclusion to the conclusion that may appear in the suggested solution to the assignment. The most important thing is to raise the relevant issues, identify the appropriate principles of law or authority, apply these principles to the facts and come to a logical conclusion on the basis of your analysis and discussion. We expect that you will use appropriate reference to authorities in your discussion. Where calculations are involved you will receive marks on the basis of your calculations and part marks will be awarded where only part of the calculation is correct.
In completing your assignment you must distinguish between relevant and irrelevant material and edit the latter from your answer. An answer or an advice to a client which only contains relevant material convinces the marker or client that the author is sufficiently knowledgeable of the subject to be able to exclude irrelevant considerations and material.
? Commence work on your assignment, well in advance of the due date. I suggest that you read the assignment prior to commencing your study of the course. While you may not have covered all the relevant material to answer all the assignment at that stage an awareness of the issues raised in these assessment items will assist you in focusing your study.
? Answer the questions set and only the questions set. Do not introduce irrelevancies or matters which are at best marginally relevant.
? Do not paraphrase legislation, quote it if it is critical for your argument otherwise say why it applies.
? There will usually be some specific section(s) of the Act relevant to the problem/issue, these should be cited correctly when answering any question. The same applies to cases and taxation rulings. Again, it is a fine line between making all necessary references and going too far. Practice is the only solution.
? Only cite the facts of a case if you wish to distinguish it. If you do not wish to distinguish the case refer to the principle established by the case and put the name of a relevant case in parentheses ( ) after referring to the relevant principle. It may disrupt the flow of your analysis or problem solving exercise to digress into a discussion of the facts of a particular case.
? After typing the assignment always edit the work.
? Assignments must be typed but if you
? You must be able to prove you have submitted an assignment so ensure that you retain evidence of submitting it for example your confirmation email.
The assignment in this course is reasonably long so I suggest that you commence working on it early. Do not leave it to the last minute. You will be able to complete the assignment progressively over the semester as the case studies are designed to enable you to complete once you have finalised your study of part of the course. Plan your time well and you are unlikely to run into problems with being late. The major assignment is worth 34% of the final grade in the course.
Referencing
In written work, citations or footnotes in the text are used to inform your reader of the source of your information. Direct quotations are always cited. Not only is this a courtesy to the original author, it would be considered plagiarism if you failed to do so.
If you are enrolled in the Bachelor of Laws or Juris Doctor program, you must use the Australian Guide to Legal Citation (AGLC) when referencing in your law courses. If you are studying a law course that is not part of a law degree, for example as an elective or as a Commerce student, you may use either the Australian Guide to Legal Citation or Harvard AGPS Style. Whatever style you choose, you must be consistent in your approach. To help you get started have a look at the presentation Referencing with the Australian Guide to Legal Citation and the Overview of Australian Guide to Legal Citation table.
The Australian Guide to Legal Citation is published by the Melbourne University Law Review Association. It is available to download free from the University of Melbourne, however you can not print from the guide. Print copies of this guide are available for loan in the USQ Library at 808.06634 Aus. The AGLC provides in-depth information on referencing primary and secondary legal material, including examples. You can access information on referencing at:
http://www.usq.edu.au/library/help/referencing/aglc.htm
Specific Tips for Taxation Case Studies
Below are some specific tips and examples of good and poor approaches to case studies and problem solving in taxation.
Issue
State the specific issue.
Don’t use “Whether the amount is deductible under s8-1”
More specific examples:
“Whether the amount is deductible under s8-1 or a one-off capital payment and therefore non-deductible…”
“Whether the amount is deductible under s25-10 as a repair or whether it is a non-deductible capital improvement”
These examples are more specific and allow you to find the correct area of law more quickly.
Law
Only list the law most relevant to the facts.
If you are not going to apply a case in your application, then don’t list it here.
For example, if your issue is about repairs and the specific issue is whether it is an improvement, you don’t need to apply cases about initial repairs or replacement of entirety as these aren’t relevant.
Application
You must apply the cases and legislation you have listed above to the facts in your scenario.
So, you must make statements like;
In the facts, the taxpayer paid an amount of…..this is similar to the case of ….where the court held that….
In the case of……the court held that …..because the taxpayer in that case….. In these facts the taxpayer has also…..therefore the decision in the case would be relevant.
Element one of section…..has been satisfied in the facts because the taxpayer……
? Please DO NOT cite the Study Book or Solutions book in your application. The idea of this assignment is that you are applying case law and legislation in your own words to the facts. If you have used a solution or the study book to gain a better understanding of an issue, that’s fine, but you application to the facts should always be in your own words!
Conclusion
Restate your issue and answer the question you stated in the issue.
Your conclusion must be consistent with what you have argued in your application, otherwise it will not make sense. For example if you have used cases in your application which suggest an amount is assessable, your conclusion must state this.
General Assessment Guidelines
Word length
1. The word count should be conducted in accordance with a Microsoft Word word count (not including footnotes or endnotes). This limit does not include footnote references (to cases, legislative provisions, books, articles and websites). However, the word limit does include text set out in the footnotes ie the word limit cannot be circumvented by relocating text from the body of the answer to the footnotes, or by placing text in the footnotes in the first place.
2. You must indicate this word count for the assignment on the title page of the assignment.
3. The word limit is a definite maximum. The marker of the assignment is entitled to stop marking when the nominated assignment word length has been reached. Any material in excess of the assignment word length need not be included in the marking. It is not the case that a 10% variation is allowed for the word limit: ie that students can exceed the word limit by 10%, or fall short of the word limit by 10%, without being exposed to a penalty. The word limit is a maximum limit only. There is no minimum word length for the assignment, although students should appreciate that, the less that they write, the greater the likelihood that the assignment question has not been answered as well as it could be.
Extensions
1. Submissions by due date. Assignments must be submitted by the due date or an approved extension date. If an assignment is submitted after the due date or an approved extension date, then the course leader may apply the penalty applicable to late submissions in accordance with the policy on late submissions (below).
2. Approved extension date. An approved extension date is one given in writing (including email) by the course leader.
3. Applications for extension – all students. A student who wishes to apply for an extension must make the application in writing (and may do so by email) to the course leader.
4. Documentation. The application to the course leader must be accompanied by appropriate supporting documentation. In particular, where an extension is sought on the ground of illness, a medical certificate must be supplied with the application. Please note the medical certificate must be of sufficient detail in order to determine how many days the illness has affected the student’s ability to complete university related study, otherwise be aware that you may be asked to provide further information. In other circumstances, the course leader may specify the kind of supporting documentation that is required.
5. Conditions for an extension to be granted. An extension will not be granted simply on the basis of normal work commitments or a clash of other commitments. The conditions of assessment (including the due date for submission) are already designed to accommodate the normal work commitments of most working students. The assignment is distributed well in advance of the due date, and you are expected to plan your activities so that the deadline is met.
6. Copy of approved extension must be attached to assignment. Students submitting an assignment after the due date but with an approved extension must attach the course leader’s written approval (which, if given by email, is a copy of the email to the student) to the submitted assignment.
Late submissions
If a student submits an assignment after the due date or an approved extension date, then a penalty of 5% of the total marks gained by the student for the assignment may apply for each working day late for up to ten working days, at which time a mark of zero may be recorded.
How to Submit
You are required to submit the major assignment electronically using StudyDesk for the course. Please ensure that before saving and submitting, you include a title page at the beginning of your assignment which includes the following information:
? full name and student number
? name of course
? name of course leader
? assignment number
? word count.
Do not submit your assignment twice! If you have submitted your electronic assignment successfully, please do not post or email another version. You will receive an email notification once your assignment is received successfully, therefore please ensure your email address on USQConnect is correct and up-to-date.
Reconsideration of marks in the major assignment (not CMA tests)
When is reconsideration available?
All care is taken in the marking of the major assignment (Case Study Problems) and each assignment mark is moderated to check for completeness and consistency by the course leader prior to the marked assignment being uploaded and returned to you. Individual mark sheets based on the criteria will be returned with each assignment submitted by a student. Once a mark is allocated to an assignment, the only ground on which it will be reconsidered is that the student has shown in writing that –
? The marking criteria have not been legitimately applied to that particular assignment
? A legitimate application of all of the criteria to that assignment would lead to a higher mark.
No right to a second marking and moderation
There is no right to a second marking of an assignment. Again, it is only in the circumstances of H1 that a reconsideration of a mark will be undertaken. Also, in accordance with University policy (5.6.2) moderation of assessment is undertaken in relation to all grades in the course once those grades are finalised and recommended. There is no moderation of individual assignments. Ie, moderation is not second marking.
Procedure
If you are unhappy with a mark on an assignment, you are advised: (1) to consider the mark sheet returned with the assignment; (2) to consider any comments made by the marker about the assignment; (3) review in detail the suggested solution; and (4) to mark the assignment yourself using all of the marking criteria. Then, you should only consider applying for reconsideration if it is clear that the marking criteria have been applied incorrectly to your overall disadvantage. Eg, you may have reasons to suggest that, for Issue 1 in case study 1, if applied correctly the criterion would give you one more mark but that your answer to Issue 2 would lead to two marks being taken off. It is best not to ask for reconsideration in a case like that. However, where you have reasons to believe that, if all of the criteria were applied correctly, a higher mark would clearly result, you should email the course leader with:
? Your marked assignment;
? The marking sheet;
? Written reasons that explain how, if all of the criteria had been applied correctly, the overall mark would have been higher.
In relation to the last, an assertion that ‘criterion X was not applied properly’ – with nothing more – is not giving reasons.
Irrelevant considerations
The following reasons (or words of similar effect) are not grounds for reconsideration –
? I don’t like the mark.’ (An acceptable motive to seek reconsideration, but not in itself a reason.)
? I am two marks from the cut-off for a B, and I would like a B for the course.’
? I got a better mark in [another assignment in the course]’ or ‘I got a better mark in [another course]’.
? I put a lot of effort into this assignment’.
? This is a failing mark, and I don’t like to fail [or I don’t normally fail]’ or ‘I am an HD and A student’.
? I worked with [another student], and she got [a higher mark]’. (Also a dangerous reason to give!)
? I know [an influential person]’.
In short, the only grounds justifying reconsideration are those in H1, and anyone seeking reconsideration is best to limit any submissions to stating reasons that establish those grounds.

LAW5230 Assignment Semester 3, 2015
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LAW5230 Taxation L Aasws iAgsnsmigennmt e nt
Due date: 11 January 2016
Value: 34%
LWimoridt: 3,000 words (excluding calculations)
This assignment consists of three (3) case studies. You must complete all the case studies and all parts of each case study.
Case Study One
Jsotuhdni eisd aa 3t 8U ySeQa r aonldd msipneinngt esnegveinreael r ywehaors wwaso rbkoinrng inin Qmueineenss lainn d.c e nJotrhanl aQnude elinvselda ntdh eareft ewri tghr ahdisu gatirinlfgri.e n dH efo pr usrecvhearsael dy eaa rhso. u se in Mackay in 2010
Icno mApparnily ,2 b0a1s4e dh ein athceceirp hteeda daq uamrtaenrasg ienm Sewnitt zerorllaen dw.i t hA sa p agrlto boaf l thmisi nrionlge hweo rwlda, s arse qaunirde dw thoe ntr advireel cttoe dm binyi ngh isc oenmstprulocyteiorn. p rTohjee ctms inailnl ga rocoumndp atnhye sphroavreidde da at wfuor nbiesdhreodo map aarptmaretmnte innt Swwitihtz ear laconldle faogru iet . e mJophlony esetasy, eadn din J othhne taop atrhtims eanpta rwtmheenn th efr owmas A nportil t2ra0v1e4l liunngt itl oA muginuisntg 2 p0r1o5je. c tHs,e aensdt imhaadt eadc ctehsast tdhuer inagp atrhtem yeenat,r aesn dheed s 3p0en Jtu tnhee 2m01aj5o rhitey hoafd t hseta yyeedar a a tto vtaalr ioofu s6 2m ninigeh stsit eins farrioeunndds itnh Se wwitozreldrl.a n Ads o rJ othimn ew taos j otrina vaenllyin sgp osrot inmgu ochr shoec iadli dcnlu’tb sh.a ve many
Iansikteiadll yh Jiso henm hpalody deirf fitcou lptiaeys ohpise nsianlga ray bianntok ahcisc oAuunstt rina liSawn itbzaenrlka nadc,c soou nhte. After a few months he was able to open a bank account in Switzerland.
sWhhee wn oJuolhdn rleenftt Ahuiss throauliase h ein cMamacek atoy , apna ayginrge eam menatr kweitt hr ehnista gl idrlifrreiecntldy tinhtaot ihnis s Atoursatgrae liiann M baacnkka ya cpcroiourn tto. lHeaev pinlagc eind Aitpermil s2 0o1f 4fu. r nDituurrineg a nthde a y meaort oernbdiekde 3C0h riJsutmnea s2 a0n1d5 fohre hvisi sfiatethde rA’su s7t0rathl ibai rtohnd atyw oin oMcacracshio 2n0s1, 5f.o r a week over
During the year-ended 30 June 2015 John had the following transactions:
? $S2a0la,r0y0 0p awida bs yp tahied minitnoi nhgi sc oAmusptarnayli aAnU Dba$n1k2 0a,c0c0o0u.n tO af nthdi s$ a1m00o,u0n0t0, was paid into his Swiss bank account.
LAW5230 Assignment Semester 3, 2015
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? The mining company awarded John a bonus for during the year year-ended 30 June 2015. It wa sh pisa igdo tood Josehrnv iocne 15 July 2015.
? gRiernlftr ieonfd $fo1r3 t,h5e0 0r enpta iodf hinist oh ohuisse iAnu Mstarackliaayn. bank account by his
? Interest on his Australian bank account of $250.
? Iwnittehrheosltd inogn thaixs hSawdis sb ebeann kd eadcuccotuend t bAyU Dth$e4 5S0w, isfsr omba nwk hipcrhio r$ 5t0o crediting his account.
? Jnooht nw woarks ifnojru trherde eo n( 3o)n ew oefe khsis avnisdi tws atos ap amidin we oinrk Aerfrsi’c aco. m Jophenns caotuiolnd roef c$e1iv,e0d0 0a ao nwee-oekff taom roeupnlat coef h$5is, 0s0a0la rfoyr dtuhrei npgh ythsiicsa tl imineju. r yJ.o hn also
DRiesqcuusirse dw:i th reference to legislation, case law and/or rulings (where rpeulrepvoasnets) wfohre ththeer Joinhcno mwoe ulyde baer ceonndseidde r3e0d aJ urensei de2n0t1 5of. ABuasstreadl iao fno r tthaixs cstoantcel uwsihoinc ha nadm oduisnctuss swinogu ldth eb es oinucrlcued eadn di nd ehrisiv aatsisoens soaf bilnec oinmceo mperi nfcoirp ltehse, yAegarer.e m Yeonut sd. o not need to consider the consequences of any Double Tax
LAW5230 Assignment Semester 3, 2015
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Case Study Two
The following separate scenarios require your advice as indicated:
Part A
Regional Aussie Bank Ltd (RAB) is an Australian resident has been making good profits in recent years. company that Due to its success it became a target for a takeover by one of the larger lbeagnakl,s . a cDcouurinntgin gth, ep yuebalirc ernedlaetdio n3s0 aJnudn e p2ri0n1ti5n,g RcAoBs tisn ciunr raend a$t7t5e,m00p0t tino defend itself against the takeover. cOunset oomf etrhse. sRerAvBic ewsa sR AsBu epdr ofvoird edsa misa ginevse sbtym esnotm aed voifc eit sf ocru hstigohm ewrse afltohr snieggnliifgiceannt t inavmesotumntesn t ofa dmvicoen eyth. at Trehseu ltCeodu ritn atwheasrdee dc usthtoem ecruss tolomseinrgs f$e2e0s0 ,w0h0e0n w thhiec hm RaAtBte rp awide notn to3 1C Mouaryt ,2 r0e1c5e.i v iRngA Ba nsp iennvto i$c4e5 ,f0ro0m0 othne l elgaawl firm on 25 June 2015. The legal fees were paid on 10 July 2015. Awfatnerte ds utcoc eesxspfaunllyd idtse fheonmdien gle nitdsienlgf baugsaiinnesst s.t h eO nt a1k eJaonvuera rya t2te0m15p ti,t pRaAiBd l$o1a,n0s0 0t,o0 0th0e toc oam plaarngye’ sm einminpglo yceoemsp iann yr etgoio bnea l tmhei nsinogle tporwonvsid eforr offi vheo m(5e) years. BRaesqeudi roend :t his information what amount can RAB claim as an allowable ednedduedct io3n0 uJnudneer s2 081-51? In cSomupep oTrat x yAosusre sdsmisceunsts iAocnt w19it9h7 rfeofre rtehnec ey eator appropriate authority.
Part B
fIins hJiunlgy t2ri0p1s4 i nB aMroryre dtoenc idBeady . t oB abruryy ac obmomate fnocre s$ 3h2is,0 b0u0s itnoe stas koen t2o8u rAisutsg uosnt 2w0a1s4 f,i vceh ayregainrsg oeldac ahn pda hssaedn dgaemr $a1g5e 0t op eitrs thriupl.l dTuhee tboo tahte B parreryv iopuusr cohwasneedr ohritdteinrg t oa msuabkme eitr gseadfe r otoc kc.o mBamrreyn chea dfi sthoi nsgp etnridp s$. 5 ,O0n0 01 tAo urgeupsati r2 t0h1e4 hBuallr riny rpeugruchlaatsioends . 12 life jackets costing $149 each to comply with safety
tIhne D beocaetm. b Bear r2ry0 1h4a da tpoa pssaeyn $g7e0r 0d atom haagveed tohnee r oofd thhoel dfiesrh irnegp lraocde dh.o lders on
pAa ssstoernmge rins sJiatn wuahrilye cthaeu sbeoda td aism targavee tlloin gth oeu ct atnov afiss hcinagn olopcya tuionndse.r wBharicrhy dweocuidlde dn otto b ere dpalamcea gethde asc aenavsailsy cina nfuotpuyr ew bitahd aw efaibthreegr.la sTsh ec arneopplayc ewmheicnht canopy cost $2,000.
LAW5230 Assignment Semester 3, 2015
Page | 4
Required:
Discuss with reference to appropriate (and most relevant) law and/or rulings whether the expenses described abov ele agrisel adteiodnu,c ctiabslee fdoerd uBcatirbriyli tyi na ntdh eti myineagr isseunedse,d b u3t0 D OJu NneO T2 n0e1e5d. to Ycoaulc ulsahtoeu aldn y dciascpuitsasl allowances.
Part C
SStteellllaa isr eagnu laacrclyo untrtaavnetl se mtpol oyceliedn wt’sit h parne macisceosu nIt inTgo foirwmo oinm bTao owaonodm tbhae. s2u0r1r4o uSntdeinllag apruerac hdausreindg ah enre ww ocrkairn gfo dr a$y6 u7s,0in0g0 hwerh iocwh ns chaer .u sOend 1b oAtuhg ufosrt ypeearsros.n al and work-related travel. The effective life of the car is eight (8)
Tbheien gto wtaol rkki-loremlaetterde su tsrea.v elled to 30 June 2015 was 40,000, with 7,500kms
Stella incurred the following expenses:
Registration $670
Insurance $850
Petrol $2,250
Replacement windscreen $250
aTlhoen gw ain gdrsacvreeel nro awda,s a nbda dhley r cinhsipupraedn cew hdeidn nSotte pllrao vwidaes adnryiv cinogm ptoe nas actiloienn.t
Required:
tAhdev iusese S otef llhae rw hcaert.h e rC aslhceu laist ee nthtietl emd atxoim culamim a allonw aallbolwe adbeled udcetidounc, tiiof na nfoyr, Swtoerlklain wgsil.l be able to claim for the year ended 30 June 2015. Show all
LAW5230 Assignment Semester 3, 2015
Page | 5
Case Study Three
Billy is a resident of Australia for tax purposes and has the following transactions which occurred during the inc oinmfoer myeeadr yeonud eodf l3o0s sJeusn efr o2m01 5th. e B2i0lly1 2a lysoe airn foofr m$1s 1y,o0u0 0t.h a tT hhies hloasss craerlraieteds fotorw tahred scaalpei toafl s2h0a0r9e sin. c oAmddei tyioenaar lilny hreel ahtaiosn a t o$ 1th,2e0 s0a lcea rorfi eadn fooirl wp01aarindt cinagp.i tal loss from the House nDeuarirn gT otohwe ocoumrrbean ta inndc ommoev yee ator BBirlilsyb daencei.d e dT hteo sTeolol whioso 4m hbeac tparroep eprrtoyp ehratdy faalwrmayinsg b beuesni nuessesd oans tBhiell yla’sn dm, aoinn lrye shiadveinncge .a fBeiwlly shhaede pn etov eer acta trhriee dg roans sa. dHuet yfi rostf p$u2r,0ch0a0s. e dB tilhlye blaunildt othne 1h Ooucstoeb eimr m20e0d0ia tfeolry $a1f0te0r, 0p0u0r cphlaussi nsgta tmhpe lsaenlld t,h aen pdr oppaeidrt y$ 1fo8r0 ,$060200 ,in0 0c0o nosnt r1u cJtuionne 2co0s1t5s .a nBdi lltyh es ipgrnoepde ral yc osentttrlaecdt otno $115 5,J0u0ly0 . 2 T0h1e5 .r e aTl hees tarteea la geesntat tvea luaegde ntth’se tcwoom (m2)is hsieocnt aroen yathrde tshael eh owuases $w2a0s0 l,o0c0a0te. d on at $420,000 and the remaining two (2) hectare paddock at Coin pBuillryc haacsqeudi rethde ac orainr eo nR o1m Saenp ctoeimn bferor m1 9h9i8s ffaotrh $e1r’,s0 0e0st.a tAe.t tHheis tfiamthee or f hhaids fcaotihne fro’sr $d6ea,8th0 0i no nM a1y J u2n0e1 32 0t1h5e , minacrukrertin vga $lu9e5 0w ains c$o6m,0m0i0s.s i oBni lflye esso aldt tthhee time of sale. Letter of Advice:
? iPnrcolvuiddee ina dhviisc ea stsoe sBsiallbyl ea isn ctoom aen yfo rn etht ec ianpciotaml eg ayiena rh een dweildl h3a0v Jeu ntoe t2h0e1 5fo arms ao fr eas Cullti eonf tt hLee tatbeorv oef tAradnvsiaccet.i ons. Your advice must be in
? aYuoudire nlectete r( inofd iavdidvuicael sthaxopualdy ebre) warnidtt edni sicnu lsasn gthuea geca spuitiatal bglea ifnosr tthaex caonnys reeqcuoerndc-kees eopfi nega rcehq turiarenmsaecntitosn. . You should also advise Billy of
? aTnh e cAaplpcuelnadtiioxn st oo f atnhye releletvtearn,t csahpoitwailn gga inesx pshlaonualtdi obne infocrl udtehde sine rceallecvualanttio lnesg.i sl aTtihoins, cisa swe hlaewre pyrionuc ipslheos ualdn dm rualkineg sr eifne raepnpcreo atcoh inagll itnhfios rmqauteiostnio. n. Please consult the marking criteria for further 100 Marks Total for this Assignment See Criteria Sheet on next page for mark allocations.
LAW5230 Assignment Semester 3, 2015
Page | 6
LAW5230 Semes –te Tra 3x,a 2ti0o1n5 L aw Assignment Marking Criteria Sheet
Case Study 1 – Assessable Income Issues
Little
attemp
t
F C B A HD
Iadnedn ctaifsicea ltaiown of legal issues, legislation
rOevleevraalnl tt haes ssetsusdaebnlet hinacso imdeen itsifsiueeds t,h e laengdis rlautliinogns a. nd where appropriate case law
0 0.5 1.5 2 2.5 3
Application
sDpeemciofincs rterastideedn lceyv eisl soufe usn idne rresltaatniodnin tgo oJfo thhne through the application of the identified law. 1 2 5 6 8 10
sDpeemciofincs dtreartievda tlieovne al nodf usnoduercres toafn dinincogm oef the iaspspuleicsa itnio rne loaft itohne tiod eJnothifnie tdh rloauwg.h the
1 2 5 6 7 9
sDpeemciofincs otrradtienda rlye vaenld o sf tuantudteorrsyta inndcoinmg eo ifs tshuee s itnh er eidlaetniotnif ietod Jloahwn. through the application of
1 2 5 6 7 9
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawp01npl yaipnpgr othperi alatew . 0 0.5 1.5 2 2.5 3
Total out of 34
Case Study 2 – Deduction Issues aLtipttettlm e F C B A HD
Iadnedn ctaifsicea ltaiown of legal issues, legislation
dOevdeuracltli otnh ei ssstuuedse,n lte ghiassla itdioenn taifniedd w thheer e appropriate case law and rulings. 0 0.5 1.5 2 2.5 3
Application
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf the business expenses for RAB. 1 2 5 6 8 10
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf the repairs for Barry. 1 2 5 6 7 9
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf ctahre expenses for Stella. 1 2 5 6 7 9
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawp01npl yaipnpgr othperi alatew . 0 0.5 1.5 2 2.5 3
Total out of 34
LAW5230 Assignment Semester 3, 2015
Page | 7
Case Study 3 – Issues Capital Gains Tax
aLtittetlme pt F C B A HD
lIedgeinstlaiftiicoant iaonnd o cf alesgea lla wiss ues,
rOevleevraalnl tt hcea psittuadl egnatin hsa tsa xid eisnstuifeies,d the laengdis rlautliinogns a. nd where appropriate case law
0 0.5 1.5 2 2.5 3
Application
tDheem sopnesctirfiact ecdap lietvael lg oafi nusn tdaexr sistasunedsin ign of relation to the sale of Billy’s residence. 1 2 4 5 6.5 7.5
tDheem sopnesctirfiact ecdap lietvael lg oafi nusn tdaexr sistasunedsin ign of relation to the sale of Billy’s coins. 1 2 4 5 6.5 7.5
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawp01npl yaipnpgr othperi ate lnaewt (cCaaplictuall agtaioinn, arnedco erxdp-klaeneaptiinogn) .o f
0 1 2 2.5 3 4
Letter of Advice
gOrvaemramll acrl aarnitdy aopf perxopprreiastseionne,s su soef othf e llaenttgeura goef aanddv itceer.m inology for a client
0 1 2.5 3.5 5 6
Total out of 28
General Criteria aLtipttettlm e F C B A HD
aApbpilritoyp troia tuesley cahnods econr rreecftelyre. ncing method Bibliography. 0 0.5 1 2 3 4
Total out of 4
TOTAL (out of 100)
General Comments
LAW5230 Assignment Semester 3, 2015
Page | 8
Description of Performance HD – the student has shown a vSetrayn hdiagrhd lse;v el of demonstrated ability in relation tToh eth set usdtaetnetd m cariyte hriaav be ya lcsoov edreimngo nasllt rvaatleidd paoni natbsi liinty a t ocl ethairn akn bde syuocncdin tchte m faacntnse arn. d raercgougmneisnet st.h e broader implications of the facts, missing facts or alternate A – The student has show a high level of demonstrated ability in relation to the svtaalitde dp ocirnittesr iian bay c leeiathr earn cdo vsuecricningc at llm vaanlinde pr.o iTnhtes ostru bdye ncto vmeariyn gh atvhee vmearyjo brirtiye folyf or occasionally shown ability at the HD level. sBt a- tTehde c rsittuedriean bt yh acso vsehroinwg am goosotd o lfe tvheel voaf ldide mpooinnsttsr.a Ttehde astbuilditeyn itn m realya thioanv et om tahdee some minor incorrect statements or missed some minor points. tCh e- Tshtaet esdtu cdreitnetr ihaa bs ys hcoovwe rai nsga ttihsfea cmtoariny vleavliedl opfo idnetms. oTnhset rsattuedde anbt imlitayy i nh arevlea tmioand teo rae nlautmionb etro omf amjoinro pr oiinnctosr.r ect statements but did make incorrect statements in rFe -la Ttihoen sttou dtheen ts thaatse dn octr istehroiaw nb ya msaistsisinfagc tsoormy ele mveal ino fp doeinmtso nosrt rbayt emda akbinilgit yin icno rrect statements in relation to major points. cLrititteler iAontt.e mpt – The student has not addressed or attempted to address this END OF ASSIGNMENT

Guide to Completing the LAW3130/LAW5230 Assignment
Awarding of Marks
The assignment will be graded according to the criterion referenced assessment sheet included as part of the assignment questions. You should therefore review this document carefully. Students are also encouraged to grade their own work against the criteria sheet in order to identify areas for improvement.
For case study problems like those presented in the assignment, marks are generally awarded on the basis of your identification/discussion/analysis of all relevant issues with arguments logically constructed leading to supportable conclusions. You will not be specifically penalized for reaching a different conclusion to the conclusion that may appear in the suggested solution to the assignment. The most important thing is to raise the relevant issues, identify the appropriate principles of law or authority, apply these principles to the facts and come to a logical conclusion on the basis of your analysis and discussion. We expect that you will use appropriate reference to authorities in your discussion. Where calculations are involved you will receive marks on the basis of your calculations and part marks will be awarded where only part of the calculation is correct.
In completing your assignment you must distinguish between relevant and irrelevant material and edit the latter from your answer. An answer or an advice to a client which only contains relevant material convinces the marker or client that the author is sufficiently knowledgeable of the subject to be able to exclude irrelevant considerations and material.
? Commence work on your assignment, well in advance of the due date. I suggest that you read the assignment prior to commencing your study of the course. While you may not have covered all the relevant material to answer all the assignment at that stage an awareness of the issues raised in these assessment items will assist you in focusing your study.
? Answer the questions set and only the questions set. Do not introduce irrelevancies or matters which are at best marginally relevant.
? Do not paraphrase legislation, quote it if it is critical for your argument otherwise say why it applies.
? There will usually be some specific section(s) of the Act relevant to the problem/issue, these should be cited correctly when answering any question. The same applies to cases and taxation rulings. Again, it is a fine line between making all necessary references and going too far. Practice is the only solution.
? Only cite the facts of a case if you wish to distinguish it. If you do not wish to distinguish the case refer to the principle established by the case and put the name of a relevant case in parentheses ( ) after referring to the relevant principle. It may disrupt the flow of your analysis or problem solving exercise to digress into a discussion of the facts of a particular case.
? After typing the assignment always edit the work.
? Assignments must be typed but if you
? You must be able to prove you have submitted an assignment so ensure that you retain evidence of submitting it for example your confirmation email.
The assignment in this course is reasonably long so I suggest that you commence working on it early. Do not leave it to the last minute. You will be able to complete the assignment progressively over the semester as the case studies are designed to enable you to complete once you have finalised your study of part of the course. Plan your time well and you are unlikely to run into problems with being late. The major assignment is worth 34% of the final grade in the course.
Referencing
In written work, citations or footnotes in the text are used to inform your reader of the source of your information. Direct quotations are always cited. Not only is this a courtesy to the original author, it would be considered plagiarism if you failed to do so.
If you are enrolled in the Bachelor of Laws or Juris Doctor program, you must use the Australian Guide to Legal Citation (AGLC) when referencing in your law courses. If you are studying a law course that is not part of a law degree, for example as an elective or as a Commerce student, you may use either the Australian Guide to Legal Citation or Harvard AGPS Style. Whatever style you choose, you must be consistent in your approach. To help you get started have a look at the presentation Referencing with the Australian Guide to Legal Citation and the Overview of Australian Guide to Legal Citation table.
The Australian Guide to Legal Citation is published by the Melbourne University Law Review Association. It is available to download free from the University of Melbourne, however you can not print from the guide. Print copies of this guide are available for loan in the USQ Library at 808.06634 Aus. The AGLC provides in-depth information on referencing primary and secondary legal material, including examples. You can access information on referencing at:
http://www.usq.edu.au/library/help/referencing/aglc.htm
Specific Tips for Taxation Case Studies
Below are some specific tips and examples of good and poor approaches to case studies and problem solving in taxation.
Issue
State the specific issue.
Don’t use “Whether the amount is deductible under s8-1”
More specific examples:
“Whether the amount is deductible under s8-1 or a one-off capital payment and therefore non-deductible…”
“Whether the amount is deductible under s25-10 as a repair or whether it is a non-deductible capital improvement”
These examples are more specific and allow you to find the correct area of law more quickly.
Law
Only list the law most relevant to the facts.
If you are not going to apply a case in your application, then don’t list it here.
For example, if your issue is about repairs and the specific issue is whether it is an improvement, you don’t need to apply cases about initial repairs or replacement of entirety as these aren’t relevant.
Application
You must apply the cases and legislation you have listed above to the facts in your scenario.
So, you must make statements like;
In the facts, the taxpayer paid an amount of…..this is similar to the case of ….where the court held that….
In the case of……the court held that …..because the taxpayer in that case….. In these facts the taxpayer has also…..therefore the decision in the case would be relevant.
Element one of section…..has been satisfied in the facts because the taxpayer……
? Please DO NOT cite the Study Book or Solutions book in your application. The idea of this assignment is that you are applying case law and legislation in your own words to the facts. If you have used a solution or the study book to gain a better understanding of an issue, that’s fine, but you application to the facts should always be in your own words!
Conclusion
Restate your issue and answer the question you stated in the issue.
Your conclusion must be consistent with what you have argued in your application, otherwise it will not make sense. For example if you have used cases in your application which suggest an amount is assessable, your conclusion must state this.
General Assessment Guidelines
Word length
1. The word count should be conducted in accordance with a Microsoft Word word count (not including footnotes or endnotes). This limit does not include footnote references (to cases, legislative provisions, books, articles and websites). However, the word limit does include text set out in the footnotes ie the word limit cannot be circumvented by relocating text from the body of the answer to the footnotes, or by placing text in the footnotes in the first place.
2. You must indicate this word count for the assignment on the title page of the assignment.
3. The word limit is a definite maximum. The marker of the assignment is entitled to stop marking when the nominated assignment word length has been reached. Any material in excess of the assignment word length need not be included in the marking. It is not the case that a 10% variation is allowed for the word limit: ie that students can exceed the word limit by 10%, or fall short of the word limit by 10%, without being exposed to a penalty. The word limit is a maximum limit only. There is no minimum word length for the assignment, although students should appreciate that, the less that they write, the greater the likelihood that the assignment question has not been answered as well as it could be.
Extensions
1. Submissions by due date. Assignments must be submitted by the due date or an approved extension date. If an assignment is submitted after the due date or an approved extension date, then the course leader may apply the penalty applicable to late submissions in accordance with the policy on late submissions (below).
2. Approved extension date. An approved extension date is one given in writing (including email) by the course leader.
3. Applications for extension – all students. A student who wishes to apply for an extension must make the application in writing (and may do so by email) to the course leader.
4. Documentation. The application to the course leader must be accompanied by appropriate supporting documentation. In particular, where an extension is sought on the ground of illness, a medical certificate must be supplied with the application. Please note the medical certificate must be of sufficient detail in order to determine how many days the illness has affected the student’s ability to complete university related study, otherwise be aware that you may be asked to provide further information. In other circumstances, the course leader may specify the kind of supporting documentation that is required.
5. Conditions for an extension to be granted. An extension will not be granted simply on the basis of normal work commitments or a clash of other commitments. The conditions of assessment (including the due date for submission) are already designed to accommodate the normal work commitments of most working students. The assignment is distributed well in advance of the due date, and you are expected to plan your activities so that the deadline is met.
6. Copy of approved extension must be attached to assignment. Students submitting an assignment after the due date but with an approved extension must attach the course leader’s written approval (which, if given by email, is a copy of the email to the student) to the submitted assignment.
Late submissions
If a student submits an assignment after the due date or an approved extension date, then a penalty of 5% of the total marks gained by the student for the assignment may apply for each working day late for up to ten working days, at which time a mark of zero may be recorded.
How to Submit
You are required to submit the major assignment electronically using StudyDesk for the course. Please ensure that before saving and submitting, you include a title page at the beginning of your assignment which includes the following information:
? full name and student number
? name of course
? name of course leader
? assignment number
? word count.
Do not submit your assignment twice! If you have submitted your electronic assignment successfully, please do not post or email another version. You will receive an email notification once your assignment is received successfully, therefore please ensure your email address on USQConnect is correct and up-to-date.
Reconsideration of marks in the major assignment (not CMA tests)
When is reconsideration available?
All care is taken in the marking of the major assignment (Case Study Problems) and each assignment mark is moderated to check for completeness and consistency by the course leader prior to the marked assignment being uploaded and returned to you. Individual mark sheets based on the criteria will be returned with each assignment submitted by a student. Once a mark is allocated to an assignment, the only ground on which it will be reconsidered is that the student has shown in writing that –
? The marking criteria have not been legitimately applied to that particular assignment
? A legitimate application of all of the criteria to that assignment would lead to a higher mark.
No right to a second marking and moderation
There is no right to a second marking of an assignment. Again, it is only in the circumstances of H1 that a reconsideration of a mark will be undertaken. Also, in accordance with University policy (5.6.2) moderation of assessment is undertaken in relation to all grades in the course once those grades are finalised and recommended. There is no moderation of individual assignments. Ie, moderation is not second marking.
Procedure
If you are unhappy with a mark on an assignment, you are advised: (1) to consider the mark sheet returned with the assignment; (2) to consider any comments made by the marker about the assignment; (3) review in detail the suggested solution; and (4) to mark the assignment yourself using all of the marking criteria. Then, you should only consider applying for reconsideration if it is clear that the marking criteria have been applied incorrectly to your overall disadvantage. Eg, you may have reasons to suggest that, for Issue 1 in case study 1, if applied correctly the criterion would give you one more mark but that your answer to Issue 2 would lead to two marks being taken off. It is best not to ask for reconsideration in a case like that. However, where you have reasons to believe that, if all of the criteria were applied correctly, a higher mark would clearly result, you should email the course leader with:
? Your marked assignment;
? The marking sheet;
? Written reasons that explain how, if all of the criteria had been applied correctly, the overall mark would have been higher.
In relation to the last, an assertion that ‘criterion X was not applied properly’ – with nothing more – is not giving reasons.
Irrelevant considerations
The following reasons (or words of similar effect) are not grounds for reconsideration –
? I don’t like the mark.’ (An acceptable motive to seek reconsideration, but not in itself a reason.)
? I am two marks from the cut-off for a B, and I would like a B for the course.’
? I got a better mark in [another assignment in the course]’ or ‘I got a better mark in [another course]’.
? I put a lot of effort into this assignment’.
? This is a failing mark, and I don’t like to fail [or I don’t normally fail]’ or ‘I am an HD and A student’.
? I worked with [another student], and she got [a higher mark]’. (Also a dangerous reason to give!)
? I know [an influential person]’.
In short, the only grounds justifying reconsideration are those in H1, and anyone seeking reconsideration is best to limit any submissions to stating reasons that establish those grounds.

LAW5230 Assignment Semester 3, 2015
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LAW5230 Taxation L Aasws iAgsnsmigennmt e nt
Due date: 11 January 2016
Value: 34%
LWimoridt: 3,000 words (excluding calculations)
This assignment consists of three (3) case studies. You must complete all the case studies and all parts of each case study.
Case Study One
Jsotuhdni eisd aa 3t 8U ySeQa r aonldd msipneinngt esnegveinreael r ywehaors wwaso rbkoinrng inin Qmueineenss lainn d.c e nJotrhanl aQnude elinvselda ntdh eareft ewri tghr ahdisu gatirinlfgri.e n dH efo pr usrecvhearsael dy eaa rhso. u se in Mackay in 2010
Icno mApparnily ,2 b0a1s4e dh ein athceceirp hteeda daq uamrtaenrasg ienm Sewnitt zerorllaen dw.i t hA sa p agrlto boaf l thmisi nrionlge hweo rwlda, s arse qaunirde dw thoe ntr advireel cttoe dm binyi ngh isc oenmstprulocyteiorn. p rTohjee ctms inailnl ga rocoumndp atnhye sphroavreidde da at wfuor nbiesdhreodo map aarptmaretmnte innt Swwitihtz ear laconldle faogru iet . e mJophlony esetasy, eadn din J othhne taop atrhtims eanpta rwtmheenn th efr owmas A nportil t2ra0v1e4l liunngt itl oA muginuisntg 2 p0r1o5je. c tHs,e aensdt imhaadt eadc ctehsast tdhuer inagp atrhtem yeenat,r aesn dheed s 3p0en Jtu tnhee 2m01aj5o rhitey hoafd t hseta yyeedar a a tto vtaalr ioofu s6 2m ninigeh stsit eins farrioeunndds itnh Se wwitozreldrl.a n Ads o rJ othimn ew taos j otrina vaenllyin sgp osrot inmgu ochr shoec iadli dcnlu’tb sh.a ve many
Iansikteiadll yh Jiso henm hpalody deirf fitcou lptiaeys ohpise nsianlga ray bianntok ahcisc oAuunstt rina liSawn itbzaenrlka nadc,c soou nhte. After a few months he was able to open a bank account in Switzerland.
sWhhee wn oJuolhdn rleenftt Ahuiss throauliase h ein cMamacek atoy , apna ayginrge eam menatr kweitt hr ehnista gl idrlifrreiecntldy tinhtaot ihnis s Atoursatgrae liiann M baacnkka ya cpcroiourn tto. lHeaev pinlagc eind Aitpermil s2 0o1f 4fu. r nDituurrineg a nthde a y meaort oernbdiekde 3C0h riJsutmnea s2 a0n1d5 fohre hvisi sfiatethde rA’su s7t0rathl ibai rtohnd atyw oin oMcacracshio 2n0s1, 5f.o r a week over
During the year-ended 30 June 2015 John had the following transactions:
? $S2a0la,r0y0 0p awida bs yp tahied minitnoi nhgi sc oAmusptarnayli aAnU Dba$n1k2 0a,c0c0o0u.n tO af nthdi s$ a1m00o,u0n0t0, was paid into his Swiss bank account.
LAW5230 Assignment Semester 3, 2015
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? The mining company awarded John a bonus for during the year year-ended 30 June 2015. It wa sh pisa igdo tood Josehrnv iocne 15 July 2015.
? gRiernlftr ieonfd $fo1r3 t,h5e0 0r enpta iodf hinist oh ohuisse iAnu Mstarackliaayn. bank account by his
? Interest on his Australian bank account of $250.
? Iwnittehrheosltd inogn thaixs hSawdis sb ebeann kd eadcuccotuend t bAyU Dth$e4 5S0w, isfsr omba nwk hipcrhio r$ 5t0o crediting his account.
? Jnooht nw woarks ifnojru trherde eo n( 3o)n ew oefe khsis avnisdi tws atos ap amidin we oinrk Aerfrsi’c aco. m Jophenns caotuiolnd roef c$e1iv,e0d0 0a ao nwee-oekff taom roeupnlat coef h$5is, 0s0a0la rfoyr dtuhrei npgh ythsiicsa tl imineju. r yJ.o hn also
DRiesqcuusirse dw:i th reference to legislation, case law and/or rulings (where rpeulrepvoasnets) wfohre ththeer Joinhcno mwoe ulyde baer ceonndseidde r3e0d aJ urensei de2n0t1 5of. ABuasstreadl iao fno r tthaixs cstoantcel uwsihoinc ha nadm oduisnctuss swinogu ldth eb es oinucrlcued eadn di nd ehrisiv aatsisoens soaf bilnec oinmceo mperi nfcoirp ltehse, yAegarer.e m Yeonut sd. o not need to consider the consequences of any Double Tax
LAW5230 Assignment Semester 3, 2015
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Case Study Two
The following separate scenarios require your advice as indicated:
Part A
Regional Aussie Bank Ltd (RAB) is an Australian resident has been making good profits in recent years. company that Due to its success it became a target for a takeover by one of the larger lbeagnakl,s . a cDcouurinntgin gth, ep yuebalirc ernedlaetdio n3s0 aJnudn e p2ri0n1ti5n,g RcAoBs tisn ciunr raend a$t7t5e,m00p0t tino defend itself against the takeover. cOunset oomf etrhse. sRerAvBic ewsa sR AsBu epdr ofvoird edsa misa ginevse sbtym esnotm aed voifc eit sf ocru hstigohm ewrse afltohr snieggnliifgiceannt t inavmesotumntesn t ofa dmvicoen eyth. at Trehseu ltCeodu ritn atwheasrdee dc usthtoem ecruss tolomseinrgs f$e2e0s0 ,w0h0e0n w thhiec hm RaAtBte rp awide notn to3 1C Mouaryt ,2 r0e1c5e.i v iRngA Ba nsp iennvto i$c4e5 ,f0ro0m0 othne l elgaawl firm on 25 June 2015. The legal fees were paid on 10 July 2015. Awfatnerte ds utcoc eesxspfaunllyd idtse fheonmdien gle nitdsienlgf baugsaiinnesst s.t h eO nt a1k eJaonvuera rya t2te0m15p ti,t pRaAiBd l$o1a,n0s0 0t,o0 0th0e toc oam plaarngye’ sm einminpglo yceoemsp iann yr etgoio bnea l tmhei nsinogle tporwonvsid eforr offi vheo m(5e) years. BRaesqeudi roend :t his information what amount can RAB claim as an allowable ednedduedct io3n0 uJnudneer s2 081-51? In cSomupep oTrat x yAosusre sdsmisceunsts iAocnt w19it9h7 rfeofre rtehnec ey eator appropriate authority.
Part B
fIins hJiunlgy t2ri0p1s4 i nB aMroryre dtoenc idBeady . t oB abruryy ac obmomate fnocre s$ 3h2is,0 b0u0s itnoe stas koen t2o8u rAisutsg uosnt 2w0a1s4 f,i vceh ayregainrsg oeldac ahn pda hssaedn dgaemr $a1g5e 0t op eitrs thriupl.l dTuhee tboo tahte B parreryv iopuusr cohwasneedr ohritdteinrg t oa msuabkme eitr gseadfe r otoc kc.o mBamrreyn chea dfi sthoi nsgp etnridp s$. 5 ,O0n0 01 tAo urgeupsati r2 t0h1e4 hBuallr riny rpeugruchlaatsioends . 12 life jackets costing $149 each to comply with safety
tIhne D beocaetm. b Bear r2ry0 1h4a da tpoa pssaeyn $g7e0r 0d atom haagveed tohnee r oofd thhoel dfiesrh irnegp lraocde dh.o lders on
pAa ssstoernmge rins sJiatn wuahrilye cthaeu sbeoda td aism targavee tlloin gth oeu ct atnov afiss hcinagn olopcya tuionndse.r wBharicrhy dweocuidlde dn otto b ere dpalamcea gethde asc aenavsailsy cina nfuotpuyr ew bitahd aw efaibthreegr.la sTsh ec arneopplayc ewmheicnht canopy cost $2,000.
LAW5230 Assignment Semester 3, 2015
Page | 4
Required:
Discuss with reference to appropriate (and most relevant) law and/or rulings whether the expenses described abov ele agrisel adteiodnu,c ctiabslee fdoerd uBcatirbriyli tyi na ntdh eti myineagr isseunedse,d b u3t0 D OJu NneO T2 n0e1e5d. to Ycoaulc ulsahtoeu aldn y dciascpuitsasl allowances.
Part C
SStteellllaa isr eagnu laacrclyo untrtaavnetl se mtpol oyceliedn wt’sit h parne macisceosu nIt inTgo foirwmo oinm bTao owaonodm tbhae. s2u0r1r4o uSntdeinllag apruerac hdausreindg ah enre ww ocrkairn gfo dr a$y6 u7s,0in0g0 hwerh iocwh ns chaer .u sOend 1b oAtuhg ufosrt ypeearsros.n al and work-related travel. The effective life of the car is eight (8)
Tbheien gto wtaol rkki-loremlaetterde su tsrea.v elled to 30 June 2015 was 40,000, with 7,500kms
Stella incurred the following expenses:
Registration $670
Insurance $850
Petrol $2,250
Replacement windscreen $250
aTlhoen gw ain gdrsacvreeel nro awda,s a nbda dhley r cinhsipupraedn cew hdeidn nSotte pllrao vwidaes adnryiv cinogm ptoe nas actiloienn.t
Required:
tAhdev iusese S otef llhae rw hcaert.h e rC aslhceu laist ee nthtietl emd atxoim culamim a allonw aallbolwe adbeled udcetidounc, tiiof na nfoyr, Swtoerlklain wgsil.l be able to claim for the year ended 30 June 2015. Show all
LAW5230 Assignment Semester 3, 2015
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Case Study Three
Billy is a resident of Australia for tax purposes and has the following transactions which occurred during the inc oinmfoer myeeadr yeonud eodf l3o0s sJeusn efr o2m01 5th. e B2i0lly1 2a lysoe airn foofr m$1s 1y,o0u0 0t.h a tT hhies hloasss craerlraieteds fotorw tahred scaalpei toafl s2h0a0r9e sin. c oAmddei tyioenaar lilny hreel ahtaiosn a t o$ 1th,2e0 s0a lcea rorfi eadn fooirl wpaarindt cinagp.i tal loss from the House nDeuarirn gT otohwe ocoumrrbean ta inndc ommoev yee ator BBirlilsyb daencei.d e dT hteo sTeolol whioso 4m hbeac tparroep eprrtoyp ehratdy faalwrmayinsg b beuesni nuessesd oans tBhiell yla’sn dm, aoinn lrye shiadveinncge .a fBeiwlly shhaede pn etov eer acta trhriee dg roans sa. dHuet yfi rostf p$u2r,0ch0a0s. e dB tilhlye blaunildt othne 1h Ooucstoeb eimr m20e0d0ia tfeolry $a1f0te0r, 0p0u0r cphlaussi nsgta tmhpe lsaenlld t,h aen pdr oppaeidrt y$ 1fo8r0 ,$060200 ,in0 0c0o nosnt r1u cJtuionne 2co0s1t5s .a nBdi lltyh es ipgrnoepde ral yc osentttrlaecdt otno $115 5,J0u0ly0 . 2 T0h1e5 .r e aTl hees tarteea la geesntat tvea luaegde ntth’se tcwoom (m2)is hsieocnt aroen yathrde tshael eh owuases $w2a0s0 l,o0c0a0te. d on at $420,000 and the remaining two (2) hectare paddock at Coin pBuillryc haacsqeudi rethde ac orainr eo nR o1m Saenp ctoeimn bferor m1 9h9i8s ffaotrh $e1r’,s0 0e0st.a tAe.t tHheis tfiamthee or f hhaids fcaotihne fro’sr $d6ea,8th0 0i no nM a1y J u2n0e1 32 0t1h5e , minacrukrertin vga $lu9e5 0w ains c$o6m,0m0i0s.s i oBni lflye esso aldt tthhee time of sale. Letter of Advice:
? iPnrcolvuiddee ina dhviisc ea stsoe sBsiallbyl ea isn ctoom aen yfo rn etht ec ianpciotaml eg ayiena rh een dweildl h3a0v Jeu ntoe t2h0e1 5fo arms ao fr eas Cullti eonf tt hLee tatbeorv oef tAradnvsiaccet.i ons. Your advice must be in
? aYuoudire nlectete r( inofd iavdidvuicael sthaxopualdy ebre) warnidtt edni sicnu lsasn gthuea geca spuitiatal bglea ifnosr tthaex caonnys reeqcuoerndc-kees eopfi nega rcehq turiarenmsaecntitosn. . You should also advise Billy of
? aTnh e cAaplpcuelnadtiioxn st oo f atnhye releletvtearn,t csahpoitwailn gga inesx pshlaonualtdi obne infocrl udtehde sine rceallecvualanttio lnesg.i sl aTtihoins, cisa swe hlaewre pyrionuc ipslheos ualdn dm rualkineg sr eifne raepnpcreo atcoh inagll itnhfios rmqauteiostnio. n. Please consult the marking criteria for further 100 Marks Total for this Assignment See Criteria Sheet on next page for mark allocations.
LAW5230 Assignment Semester 3, 2015
Page | 6
LAW5230 Semes –te Tra 3x,a 2ti0o1n5 L aw Assignment Marking Criteria Sheet
Case Study 1 – Assessable Income Issues
Little
attemp
t
F C B A HD
Iadnedn ctaifsicea ltaiown of legal issues, legislation
rOevleevraalnl tt haes ssetsusdaebnlet hinacso imdeen itsifsiueeds t,h e laengdis rlautliinogns a. nd where appropriate case law
0 0.5 1.5 2 2.5 3
Application
sDpeemciofincs rterastideedn lceyv eisl soufe usn idne rresltaatniodnin tgo oJfo thhne through the application of the identified law. 1 2 5 6 8 10
sDpeemciofincs dtreartievda tlieovne al nodf usnoduercres toafn dinincogm oef the iaspspuleicsa itnio rne loaft itohne tiod eJnothifnie tdh rloauwg.h the
1 2 5 6 7 9
sDpeemciofincs otrradtienda rlye vaenld o sf tuantudteorrsyta inndcoinmg eo ifs tshuee s itnh er eidlaetniotnif ietod Jloahwn. through the application of
1 2 5 6 7 9
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawpnpl yaipnpgr othperi alatew . 0 0.5 1.5 2 2.5 3
Total out of 34
Case Study 2 – Deduction Issues aLtipttettlm e F C B A HD
Iadnedn ctaifsicea ltaiown of legal issues, legislation
dOevdeuracltli otnh ei ssstuuedse,n lte ghiassla itdioenn taifniedd w thheer e appropriate case law and rulings. 0 0.5 1.5 2 2.5 3
Application
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf the business expenses for RAB. 1 2 5 6 8 10
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf the repairs for Barry. 1 2 5 6 7 9
lDaewm roenlasttirnagt etdo laelvloewl aobf luen ddeedrsutcatniodnins gf oorf ctahre expenses for Stella. 1 2 5 6 7 9
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawpnpl yaipnpgr othperi alatew . 0 0.5 1.5 2 2.5 3
Total out of 34
LAW5230 Assignment Semester 3, 2015
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Case Study 3 – Issues Capital Gains Tax
aLtittetlme pt F C B A HD
lIedgeinstlaiftiicoant iaonnd o cf alesgea lla wiss ues,
rOevleevraalnl tt hcea psittuadl egnatin hsa tsa xid eisnstuifeies,d the laengdis rlautliinogns a. nd where appropriate case law
0 0.5 1.5 2 2.5 3
Application
tDheem sopnesctirfiact ecdap lietvael lg oafi nusn tdaexr sistasunedsin ign of relation to the sale of Billy’s residence. 1 2 4 5 6.5 7.5
tDheem sopnesctirfiact ecdap lietvael lg oafi nusn tdaexr sistasunedsin ign of relation to the sale of Billy’s coins. 1 2 4 5 6.5 7.5
Conclusions
aOnvde rvaalll,i dt hceo nsctuludseionnt sh aafst edrr aawpnpl yaipnpgr othperi ate lnaewt (cCaaplictuall agtaioinn, arnedco erxdp-klaeneaptiinogn) .o f
0 1 2 2.5 3 4
Letter of Advice
gOrvaemramll acrl aarnitdy aopf perxopprreiastseionne,s su soef othf e llaenttgeura goef aanddv itceer.m inology for a client
0 1 2.5 3.5 5 6
Total out of 28
General Criteria aLtipttettlm e F C B A HD
aApbpilritoyp troia tuesley cahnods econr rreecftelyre. ncing method Bibliography. 0 0.5 1 2 3 4
Total out of 4
TOTAL (out of 100)
General Comments
LAW5230 Assignment Semester 3, 2015
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Description of Performance HD – the student has shown a vSetrayn hdiagrhd lse;v el of demonstrated ability in relation tToh eth set usdtaetnetd m cariyte hriaav be ya lcsoov edreimngo nasllt rvaatleidd paoni natbsi liinty a t ocl ethairn akn bde syuocncdin tchte m faacntnse arn. d raercgougmneisnet st.h e broader implications of the facts, missing facts or alternate A – The student has show a high level of demonstrated ability in relation to the svtaalitde dp ocirnittesr iian bay c leeiathr earn cdo vsuecricningc at llm vaanlinde pr.o iTnhtes ostru bdye ncto vmeariyn gh atvhee vmearyjo brirtiye folyf or occasionally shown ability at the HD level. sBt a- tTehde c rsittuedriean bt yh acso vsehroinwg am goosotd o lfe tvheel voaf ldide mpooinnsttsr.a Ttehde astbuilditeyn itn m realya thioanv et om tahdee some minor incorrect statements or missed some minor points. tCh e- Tshtaet esdtu cdreitnetr ihaa bs ys hcoovwe rai nsga ttihsfea cmtoariny vleavliedl opfo idnetms. oTnhset rsattuedde anbt imlitayy i nh arevlea tmioand teo rae nlautmionb etro omf amjoinro pr oiinnctosr.r ect statements but did make incorrect statements in rFe -la Ttihoen sttou dtheen ts thaatse dn octr istehroiaw nb ya msaistsisinfagc tsoormy ele mveal ino fp doeinmtso nosrt rbayt emda akbinilgit yin icno rrect statements in relation to major points. cLrititteler iAontt.e mpt – The student has not addressed or attempted to address this END OF ASSIGNMENT

Guide to Completing the LAW3130/LAW5230 Assignment
Awarding of Marks
The assignment will be graded according to the criterion referenced assessment sheet included as part of the assignment questions. You should therefore review this document carefully. Students are also encouraged to grade their own work against the criteria sheet in order to identify areas for improvement.
For case study problems like those presented in the assignment, marks are generally awarded on the basis of your identification/discussion/analysis of all relevant issues with arguments logically constructed leading to supportable conclusions. You will not be specifically penalized for reaching a different conclusion to the conclusion that may appear in the suggested solution to the assignment. The most important thing is to raise the relevant issues, identify the appropriate principles of law or authority, apply these principles to the facts and come to a logical conclusion on the basis of your analysis and discussion. We expect that you will use appropriate reference to authorities in your discussion. Where calculations are involved you will receive marks on the basis of your calculations and part marks will be awarded where only part of the calculation is correct.
In completing your assignment you must distinguish between relevant and irrelevant material and edit the latter from your answer. An answer or an advice to a client which only contains relevant material convinces the marker or client that the author is sufficiently knowledgeable of the subject to be able to exclude irrelevant considerations and material.
? Commence work on your assignment, well in advance of the due date. I suggest that you read the assignment prior to commencing your study of the course. While you may not have covered all the relevant material to answer all the assignment at that stage an awareness of the issues raised in these assessment items will assist you in focusing your study.
? Answer the questions set and only the questions set. Do not introduce irrelevancies or matters which are at best marginally relevant.
? Do not paraphrase legislation, quote it if it is critical for your argument otherwise say why it applies.
? There will usually be some specific section(s) of the Act relevant to the problem/issue, these should be cited correctly when answering any question. The same applies to cases and taxation rulings. Again, it is a fine line between making all necessary references and going too far. Practice is the only solution.
? Only cite the facts of a case if you wish to distinguish it. If you do not wish to distinguish the case refer to the principle established by the case and put the name of a relevant case in parentheses ( ) after referring to the relevant principle. It may disrupt the flow of your analysis or problem solving exercise to digress into a discussion of the facts of a particular case.
? After typing the assignment always edit the work.
? Assignments must be typed but if you
? You must be able to prove you have submitted an assignment so ensure that you retain evidence of submitting it for example your confirmation email.
The assignment in this course is reasonably long so I suggest that you commence working on it early. Do not leave it to the last minute. You will be able to complete the assignment progressively over the semester as the case studies are designed to enable you to complete once you have finalised your study of part of the course. Plan your time well and you are unlikely to run into problems with being late. The major assignment is worth 34% of the final grade in the course.
Referencing
In written work, citations or footnotes in the text are used to inform your reader of the source of your information. Direct quotations are always cited. Not only is this a courtesy to the original author, it would be considered plagiarism if you failed to do so.
If you are enrolled in the Bachelor of Laws or Juris Doctor program, you must use the Australian Guide to Legal Citation (AGLC) when referencing in your law courses. If you are studying a law course that is not part of a law degree, for example as an elective or as a Commerce student, you may use either the Australian Guide to Legal Citation or Harvard AGPS Style. Whatever style you choose, you must be consistent in your approach. To help you get started have a look at the presentation Referencing with the Australian Guide to Legal Citation and the Overview of Australian Guide to Legal Citation table.
The Australian Guide to Legal Citation is published by the Melbourne University Law Review Association. It is available to download free from the University of Melbourne, however you can not print from the guide. Print copies of this guide are available for loan in the USQ Library at 808.06634 Aus. The AGLC provides in-depth information on referencing primary and secondary legal material, including examples. You can access information on referencing at:
http://www.usq.edu.au/library/help/referencing/aglc.htm
Specific Tips for Taxation Case Studies
Below are some specific tips and examples of good and poor approaches to case studies and problem solving in taxation.
Issue
State the specific issue.
Don’t use “Whether the amount is deductible under s8-1”
More specific examples:
“Whether the amount is deductible under s8-1 or a one-off capital payment and therefore non-deductible…”
“Whether the amount is deductible under s25-10 as a repair or whether it is a non-deductible capital improvement”
These examples are more specific and allow you to find the correct area of law more quickly.
Law
Only list the law most relevant to the facts.
If you are not going to apply a case in your application, then don’t list it here.
For example, if your issue is about repairs and the specific issue is whether it is an improvement, you don’t need to apply cases about initial repairs or replacement of entirety as these aren’t relevant.
Application
You must apply the cases and legislation you have listed above to the facts in your scenario.
So, you must make statements like;
In the facts, the taxpayer paid an amount of…..this is similar to the case of ….where the court held that….
In the case of……the court held that …..because the taxpayer in that case….. In these facts the taxpayer has also…..therefore the decision in the case would be relevant.
Element one of section…..has been satisfied in the facts because the taxpayer……
? Please DO NOT cite the Study Book or Solutions book in your application. The idea of this assignment is that you are applying case law and legislation in your own words to the facts. If you have used a solution or the study book to gain a better understanding of an issue, that’s fine, but you application to the facts should always be in your own words!
Conclusion
Restate your issue and answer the question you stated in the issue.
Your conclusion must be consistent with what you have argued in your application, otherwise it will not make sense. For example if you have used cases in your application which suggest an amount is assessable, your conclusion must state this.
General Assessment Guidelines
Word length
1. The word count should be conducted in accordance with a Microsoft Word word count (not including footnotes or endnotes). This limit does not include footnote references (to cases, legislative provisions, books, articles and websites). However, the word limit does include text set out in the footnotes ie the word limit cannot be circumvented by relocating text from the body of the answer to the footnotes, or by placing text in the footnotes in the first place.
2. You must indicate this word count for the assignment on the title page of the assignment.
3. The word limit is a definite maximum. The marker of the assignment is entitled to stop marking when the nominated assignment word length has been reached. Any material in excess of the assignment word length need not be included in the marking. It is not the case that a 10% variation is allowed for the word limit: ie that students can exceed the word limit by 10%, or fall short of the word limit by 10%, without being exposed to a penalty. The word limit is a maximum limit only. There is no minimum word length for the assignment, although students should appreciate that, the less that they write, the greater the likelihood that the assignment question has not been answered as well as it could be.
Extensions
1. Submissions by due date. Assignments must be submitted by the due date or an approved extension date. If an assignment is submitted after the due date or an approved extension date, then the course leader may apply the penalty applicable to late submissions in accordance with the policy on late submissions (below).
2. Approved extension date. An approved extension date is one given in writing (including email) by the course leader.
3. Applications for extension – all students. A student who wishes to apply for an extension must make the application in writing (and may do so by email) to the course leader.
4. Documentation. The application to the course leader must be accompanied by appropriate supporting documentation. In particular, where an extension is sought on the ground of illness, a medical certificate must be supplied with the application. Please note the medical certificate must be of sufficient detail in order to determine how many days the illness has affected the student’s ability to complete university related study, otherwise be aware that you may be asked to provide further information. In other circumstances, the course leader may specify the kind of supporting documentation that is required.
5. Conditions for an extension to be granted. An extension will not be granted simply on the basis of normal work commitments or a clash of other commitments. The conditions of assessment (including the due date for submission) are already designed to accommodate the normal work commitments of most working students. The assignment is distributed well in advance of the due date, and you are expected to plan your activities so that the deadline is met.
6. Copy of approved extension must be attached to assignment. Students submitting an assignment after the due date but with an approved extension must attach the course leader’s written approval (which, if given by email, is a copy of the email to the student) to the submitted assignment.
Late submissions
If a student submits an assignment after the due date or an approved extension date, then a penalty of 5% of the total marks gained by the student for the assignment may apply for each working day late for up to ten working days, at which time a mark of zero may be recorded.
How to Submit
You are required to submit the major assignment electronically using StudyDesk for the course. Please ensure that before saving and submitting, you include a title page at the beginning of your assignment which includes the following information:
? full name and student number
? name of course
? name of course leader
? assignment number
? word count.
Do not submit your assignment twice! If you have submitted your electronic assignment successfully, please do not post or email another version. You will receive an email notification once your assignment is received successfully, therefore please ensure your email address on USQConnect is correct and up-to-date.
Reconsideration of marks in the major assignment (not CMA tests)
When is reconsideration available?
All care is taken in the marking of the major assignment (Case Study Problems) and each assignment mark is moderated to check for completeness and consistency by the course leader prior to the marked assignment being uploaded and returned to you. Individual mark sheets based on the criteria will be returned with each assignment submitted by a student. Once a mark is allocated to an assignment, the only ground on which it will be reconsidered is that the student has shown in writing that –
? The marking criteria have not been legitimately applied to that particular assignment
? A legitimate application of all of the criteria to that assignment would lead to a higher mark.
No right to a second marking and moderation
There is no right to a second marking of an assignment. Again, it is only in the circumstances of H1 that a reconsideration of a mark will be undertaken. Also, in accordance with University policy (5.6.2) moderation of assessment is undertaken in relation to all grades in the course once those grades are finalised and recommended. There is no moderation of individual assignments. Ie, moderation is not second marking.
Procedure
If you are unhappy with a mark on an assignment, you are advised: (1) to consider the mark sheet returned with the assignment; (2) to consider any comments made by the marker about the assignment; (3) review in detail the suggested solution; and (4) to mark the assignment yourself using all of the marking criteria. Then, you should only consider applying for reconsideration if it is clear that the marking criteria have been applied incorrectly to your overall disadvantage. Eg, you may have reasons to suggest that, for Issue 1 in case study 1, if applied correctly the criterion would give you one more mark but that your answer to Issue 2 would lead to two marks being taken off. It is best not to ask for reconsideration in a case like that. However, where you have reasons to believe that, if all of the criteria were applied correctly, a higher mark would clearly result, you should email the course leader with:
? Your marked assignment;
? The marking sheet;
? Written reasons that explain how, if all of the criteria had been applied correctly, the overall mark would have been higher.
In relation to the last, an assertion that ‘criterion X was not applied properly’ – with nothing more – is not giving reasons.
Irrelevant considerations
The following reasons (or words of similar effect) are not grounds for reconsideration –
? I don’t like the mark.’ (An acceptable motive to seek reconsideration, but not in itself a reason.)
? I am two marks from the cut-off for a B, and I would like a B for the course.’
? I got a better mark in [another assignment in the course]’ or ‘I got a better mark in [another course]’.
? I put a lot of effort into this assignment’.
? This is a failing mark, and I don’t like to fail [or I don’t normally fail]’ or ‘I am an HD and A student’.
? I worked with [another student], and she got [a higher mark]’. (Also a dangerous reason to give!)
? I know [an influential person]’.
In short, the only grounds justifying reconsideration are those in H1, and anyone seeking reconsideration is best to limit any submissions to stating reasons that establish those grounds.