Tax law - H1 Cheat Sheet

Description

These notes are a complete summary of W2 - W12 materials (W1 is non-examinable). SECTION 1. Jurisdiction to tax: Right to tax, Residence, Source of income, Double taxation, Taxation of foreign residence SECTION 2. Assessable income: FBT, Ordinary income, Statutory income, Non-assessable income, Income from services, Income from business, Income from property, CGT SECTION 3. Deductions: Specific deductions, General deductions SECTION 4. GST * Includes lots of fill in the blanks to save time in the final exam.