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BAAFM TAX ASSIGNMENT GUIDELINES:

INTRODUCTION: The purpose of the report [What is the objective of this paper].

BODY: Definition of Income

Definition of Capital

Eisner v Mccomber - Court Case

Cite an example of income and capital

How to distinguish between them?

Why is it important to distinguish between them: Singapore and Australia           

Singapore-

no tax on capital                              Cite an example

only income is taxable                   Cite an example

Australia (or any other country of your choice)-

income and capital is taxable

Cite an example

Real Life Case study - Write briefly about a RECENT COURT case that happened in Singapore or any other country where the issue was about income  and Capital.

Conclusion - To sum up the report of capital and income

WORD LIMIT - 1500 WORDS.

References - At least 8 [4 off line and 4 online] - In the report, citations are relevant. USE HARVARD REFERENCING METHOD.

Taxation, Accounting

  • Category:- Taxation
  • Reference No.:- M91948106

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