Income Tax Law Comprehensive Notes (92 HD, 2022)

Description

Notes attained a 92 HD in the LAW (not COMMLAW) course, although the content is entirely the same. Notes are structured to most efficiently tackle a list of receipts provided in an examination, structured as: Part 1: Income Tax Equation for all entities including Individuals, Partnerships, Trusts, Companies; Part 2: Assessable Income, comprising both OI and SI provisions together (and which will prevail), along with timing of derivation and exemptions; Part 3: Deductions, comprising both GD and SD provisions together (and which will prevail), along with timing of incursion and how capital receipts can be claimed; Part 4: International Tax, being Residency and Sources of receipts; and Part 5: CGT comprising the entire 6 step process as per s102-5.