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Subject Code : FNS50215
Country : Australia

Finance and Accounting Assessment Task

What is assessable income and Taxable Income?

Define “deduction” and “tax offset” with examples. How are they different?

What legislation covers Income Tax? 

What constitutes conflict of interest?

What is Debits Tax? Who does it affect?

What sort of records should be kept according the Taxation Administration Act 2005?   How long must these records be kept for?

List 5 possible prosecutable acts when lodging a tax return under the Taxation Administration Act 2005.

 

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  • Uploaded By : Keith
  • Posted on : November 29th, 2018

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