Assessment Description Harrison Carter, an Australian resident, seeks advice on the CGT consequences of the following events. He exchanged contracts for the acquisition of an investment property, at market value, on 24 January 1999, paying a 10% deposit of $80,000. Property settlement was deferred until 5 December 2001, when the balance of $720,000 was paid, title transferred, and his name was recorded as the registered proprietor. At t

Assessment 3 Information
Subject Code: CLWM4100
Subject Name: Taxation Law
Assessment Title: Case Study
Assessment Type: Part A Report and Part B Video
Weighting: 20 %
Total Marks: 20
Submission: via Turnitin
Due Date: Week 10
Your Task
Part 1) You must explain the timing of a CGT event with relevant section numbers and cases. (8 marks)
Part 2) Advise net capital gains (losses) to be included in Harrison Carter’s tax return for the years ending 2018 and 2019. Include ALL available methods for calculating a capital gain for both years. (8 marks)
Part 3) Video Presentation (4 marks)
Assessment Description
Harrison Carter, an Australian resident, seeks advice on the CGT consequences of the following events.
He exchanged contracts for the acquisition of an investment property, at market value, on 24 January 1999, paying a 10% deposit of $80,000. Property settlement was deferred until 5 December 2001, when the balance of $720,000 was paid, title transferred, and his name was recorded as the registered proprietor. At the time of settlement, the market value of the property was $1m. He sold the property on 14 June 2018 for $1.3m.
He acquired 10,000 shares in Star Entertainment Ltd in October 1985, paying $4 per share. He decided to sell his entire shareholding, for $12 per share, and signed a share transfer document and handed the transfer and share script to the Stock Exchange on 20 June 2018. The transfer was not registered with Star Entertainment Ltd until 10 July 2018.
He incurred a capital loss in 2018/19 amounting to $65,000.
Assessment Instructions
Answer the questions, in a maximum of 800 words or approximately 400 words per question.
You are also required to deliver a 1-minute video presentation summarising your assignment.
This assignment must be presented as an individual effort. The assignment requires individual research using a range of tax resources. It is expected the you will survey the relevant literature, including decided cases, and select appropriate additional resources.
You are expected to identify the facts and issues presented by each question, identify and apply the relevant legislation and/or case law, and reach a conclusion.
Your reasons for your conclusions and recommendations must be based on your research into the relevant cases and legislation.
• Please refer to the assessment marking guide to assist you in completing all the assessment criteria.
Important Study Information
Academic Integrity Policy
KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy.
What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?
Click here for answers to these questions:
http://www.kbs.edu.au/current-students/student-policies/.
Word Limits for Written Assessments
Submissions that exceed the word limit by more than 10% will cease to be marked from the point at which that limit is exceeded.
Study Assistance
Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page. Click here for this information.
Assessment Marking Guide
CLWM4100
Student Name: Student Number:
Criterion Rating
Research – 20%
Ability to locate and effectively use relevant resources Poor (0-1) Adequate
(2) Average
(3) Good
(4) Outstanding
(5)
Application of law to facts 50%
Ability to identify relevant facts
Ability to relate appropriate law to the facts
Ability to draw correct or defensible conclusions as to the application of the law to the facts
Evidence of effective communication and presentation skills:30%
The assignment is constructed in a logical manner showing development of arguments
The assignment is concise and easy to understand
Presentation concisely summarises the report
Student average mark across three domains out of 1

Acemyhomework
Calculate your paper price
Pages (550 words)
Approximate price: -
Acemyhomework

Quality Research Papers

We always make sure that our academic writers follow all your instructions precisely. You can choose your academic level and we will assign a writer who has a respective degree.

Acemyhomework

Best Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Acemyhomework

Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document.

Acemyhomework

On time Delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. Otherwise a 100% refund is guaranteed.

Acemyhomework

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. We also promise maximum confidentiality in all of our services.

Acemyhomework

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Homework Market

Place your order

Fill in the order form and provide all details of your assignment.

Homework Market

Proceed with the payment

Choose the payment system that suits you most.

Homework Market

Receive the final file

Once your paper is ready, we will email it to you.

Academic Writing Services

Whether you have an urgent deadline or those that have time. You can take some time and relax after trusting us with your paper. We make sure that we conduct the academic writing services diligently.

Acemyhomework Acemyhomework

Essays

Essay Writing Service

Among the wide variety of academic work, essay writing is one of the simplest a student can ever come across. Usually, it is a task which students encounter and learn how to write whilst in high school. However, the case is quite different when it comes to university and college.

Acemyhomework Acemyhomework

Term Papers

Term Paper Writing

Are you looking for an online writing firm that can offer you reliable custom term paper writing help? Is your wish and desire to get someone who can guide you throughout the process of writing term papers? If yes, then you have come to the right place.

Acemyhomework Acemyhomework

Coursework

Coursework Writing Help

Coursework is essential for every student in order to graduate from college. However, most of it is deadline-centric, and that becomes a challenge to most learners. With the amount of work, learners are receiving every day, finding time to work on every task is not easy.

Acemyhomework Acemyhomework

Homework

Online Homework Help

Online homework help services are an answer to every challenge that students go through. Despite the difference in the needs and levels of learning, all students can benefit from these services. Acemyhomework is one of the best online homework help service companies you can find on the internet.