CLWM4100 Taxation Law

Your task is to analyse client information outlined in the three different case studies below and present the findings in three Statement of Advice (approximately 2,000 words).
You are required to prepare Smart Solutions Pty Ltd's taxation return.
1) You are required to provide advice and tax calculations to Julia and John (directors of Smart Solutions Pty Ltd) regarding the tax payable by the company.
2) You are required to calculate the capital gains tax for Julia and Smart Solutions Pty Ltd.
3) You are required to complete the franking account and tax implications on dividend received by Smart Solutions Pty Ltd shareholders.

For each question you are expected to:
1) identify the facts and issues for each case
2) apply the relevant legislation and/or case law.
Learning Objectives
After completing this Individual Assignment, you will be able to:
1) Research information about each question using tax cases and tax legislation.
2) Determine the main issues and make recommendations for each case.
3) Calculate taxes for an individual, a trust and a company.