Question one 是CAPITAL REVENUE 还是EMPLOYEE CONTRACTOR呀作者: Vy2 时间: 2009-9-23 17:11:05
i think its capital.. follow the tests in the course book
and the BP Australia test..
BP Australia should be the leading case for question 1 right?作者: ~多多~ 时间: 2009-9-24 02:58:37 标题: 回复 2# Vy2 的帖子
yea, i think it s capital too, what about question two
i think CB4 AND CB6 will not apply and no tax ?作者: Vy2 时间: 2009-9-24 19:04:32
yeah and i think CB14 would apply though
and do u think DB28 would apply if CB14 applies?
coz when something is taxable they might be eligible for deduction??
and i calculated the profit.. its greater than 20% so profit from rezoning is taxable作者: ~多多~ 时间: 2009-9-25 01:50:20 标题: 回复 4# Vy2 的帖子
yea CB14 applies, not sure about DB28作者: ~多多~ 时间: 2009-9-25 02:48:38
i think DB28 applies as well.
DB28 applies when a person derives income under CB14 and that is not their income under any other provisions of the act