LAWS2206 Exam Notes (HD)

Description

Using these notes, I was able to achieve a High Distinction in this unit. These notes provide a concise yet detailed explanation of the different concepts covered in this unit including: the income tax formula; ordinary income; general deductions; specific deductions and capital allowances; capital gains tax; tax timing and trading stock; taxation of companies, partnerships and trusts; goods and services tax and fringe benefits tax; residency and source; and tax administration. Relevant cases and statute sections are referenced and explained throughout these notes.