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Income Tax Law

05 / 03 / 2018 Assignment

This paper circulates around the core theme of Income Tax Law together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 145. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

Topic 
This year in Australia there will be a federal election, and tax reform is currently a topic of debate. The Leader of the Opposition, the Honorable Bill Shorten MP, recently released an election policy on negative gearing and the treatment of capital gains tax discounts as they relate to the housing market (the Policy). 
Required 
Identify and explain the key areas of the Policy, then evaluate whether it exhibits the features (characteristics) of a good tax system. 
In your response you must include an explanation of negative gearing and the existing treatment of capital gains as they relate to property investors – referring to sections of legislation, tax rulings and cases where relevant. You must also identify and discuss features or characteristics of a good tax system.


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