Principles_of_Taxation_Law_2018_----_(2_Study_skills_for_taxation_law).pdf

Principles_of_Taxation_Law_2018_----_(2_Study_skills_for_taxation_law).pdf

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themainareafordiscussion,butfromlaterpartsoftheansweritmaybe speculatedthatitisbecauseitwastakendirectlyfromatextandthatthereal issueshadnotbeenunderstood.ThestatementmadeinparagraphCisan extensionoftheissuecited,butdoesnotaddtotheanswerandisnomore thantheobviousstatementthatthetaxpayerwillbearguingfortheexpenses tobedeductible. DiscussioninparagraphsDandEisrelevanttotheissuestatedinparagraphB, butitislittlemorethanarestatementofthefactsandthedecisionofonecase, andthelanguageusedsuggeststhatitmayhavebeencopieddirectlyfroma secondarysource.Thecaseusedisrelevanttotheissue,butparagraphEdoes notrelatetotheCourt sdecisiontotheproblem.ThepointinparagraphFthat theCommissionerwouldrelyonthecase HeraldandWeeklyTimes showsa lackofunderstandingofthecaseasitwouldalsosupportthetaxpayer sview. ParagraphGisthefirstattempttoapplythelawtothefacts,butitisdone withoutjustificationandintroducesanewsectionoftheActwithoutany discussion.Theissueofwhethertheexpenseiscapitalorincome(oneofthe mainissues)isfirstmentioned,butinrelationtoanassessableincomeissue whichistotallyirrelevantgiventhatthisisadeductionquestion. Finally,inparagraphH,aconclusionisdrawn,butitisbasedonastatementof belief,ratherthanderivingfromthearguments. [2.450] Thefollowingsampleanswerdemonstrateshowthequestioncould beansweredinamorestructuredform,separatelydiscussingthemainissues raised.Thisansweralsofollowstheanalysisprocessdescribedat [2.120] . 53 2: STUDY SKILLS FOR TAXATION LAW [2.450] Kerrie, Sadiq, et al. Principles of Taxation Law 2018, Thomson Reuters (Professional) Australia Pty Limited, 2017. ProQuest Ebook Central, . Created from rmit on 2018-07-14 22:27:06. Copyright © 2017. Thomson Reuters (Professional) Australia Pty Limited. All rights reserved.
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Example2.10:Sampleexaminationquestionandanswer ANSWER2 $4millionsettlement 1. Doesitsatisfythepositivelimbsof8-1?Isitincidentalandrelevanttotheearningofassessableincome?
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