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FACULTY OF BUSINESS AND ECONOMICS

DEPARTMENT OF BUSINESS LAW

BUSL320-REVENUE LAW

Second semester 2009

WRITTEN TASK

Due date:2

nd

October 2009,12noon.Students must submit the assignment

Online via Blackboard“Assignment”function.Please note the submission

times,AS BLACKBOARD DOES NOT ACCEPT LATE SUBMISSIONS.

?Assessment percentage:10%(out of 100%total for the unit)

?Students MUST use Microsoft Office Word 97 or higher versionThesis is provided by UK thesis base http://www.essayquality.org/

?Please allow adequate time(5-10 minutes)to upload your file.If the uploading task is left until the last minute to complete then you run of it being submitted late.

?Please be reminded that,you only have ONE(1)attempt for submission.You have to make sure you comply with all the instructions before you submit.Once you click SUBMIT,the system will not allow any changes.

?Emailing an attachment of the written Task will not be accepted.

QUESTION 1:

Assume that you are the tax manager of a large resident corporation that implements an employee share scheme.

You are required to prepare a report for management:

Outlining the background of the proposed changes to the tax treatment of employee share

schemes;

The main issues that have been raised in debates(both in the media and to formal inquiries)about whether the need for a change is necessary;and

The implications of these changes for the employee share scheme provided by the corporation

INSTRUCTIONS:

This task is designed to engage you with material outside our textbooks in relation to taxation issu The topics were covered in your lectures.However,this task is intended to provide you with a grea appreciation of how to deal with changes to the tax laws. Thesis is provided by UK thesis base http://www.essayquality.org/ sources that you may consult include-(but are not limited to)–the ATO website,the Treasu website,websites of professional accounting bodies and accounting firms,as well as the debate in media generally.

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