HI6028 - Taxation Theory Practice and Law - Goods and Services Tax - Capital Gains Tax - Tax Law Assignment Help

HI6028: Taxation Theory Practice and Law Assignment Help

Assignment Task:

Question 1: The goods and services tax (GST)

• Identification of material facts regarding The City Sky Co goods and services tax (GST) consequences discussed in the assignment question.
• Identification and analysis of legal issues / legal question and relevant laxation law.
• Thorough yet succinct application of tax law to material facts.
• Detailed and accurate conclusions are reached from the discussion.
• Correct information and taxation law have been used and properly cited. A detailed analysis has been performed.
• Shows excellent understanding of the cases and/or section of legislation, its context and application of taxation law.

Question 2: Capital gains tax

• Identification of material facts regarding the capital gain tax (CGT) consequences of Emma’s transactions discussed in the assignment question.
• Identification and analysis of legal issues / legal question and relevant laxation law.
• Thorough yet succinct application of tax law to material facts.
• Identification of material facts regarding the capital gain tax (CGT)consequences of Emma’s transactions discussed in the assignmentquestion.
• Identification and analysis of legal issues / legal question and relevant laxation law.
• Thorough yet succinct application of tax law to material facts.

QUESTION 1- 
The City Sky Co is a property investment and development company. Recently the company purchased a vacant piece of land south of Brisbane on which it is planning to
build 15 apartments to sell. The City Sky Co has engaged the services of the local lawyer, Maurice Blackburn, to provide the legal services required for the development for $33,000. Maurice Blackburn runs an established sole trader business and turns over revenue of $300,000 per year. Advise The City Sky Co of the input tax credit entitlements that they may be entitled to. Assume that The City Sky Co is registered for GST purposes.

QUESTION 2 - 
Emma has provided to you a listing of the transactions she has undertaken throughout the financial year to assist you in completing her 2015 income tax return.

Sale of a block of land for $1,000,000: Emma purchased the land as an investment in 1991. The purchase price was $250,000, plus $5,000 in stamp duty, $10,000 in legal fees. To fund the purchase, she took out a loan on which she paid interest totaling $32,000. During the period of ownership her council rates, water rates and insurance totaled $22,000. In January 2005 a dispute occurred with a neighbor over the use of the land and legal fees incurred amounted to $5,000 in resolving this dispute. Before putting the property on the market $27,500 was spent to remove a number of large dangerous pine trees that were on the land. Advertising, legal fees and agent’s fees on the sale of the land were $25,000.

This HI6028: Tax Law Assignment has been solved by our Tax Law experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.