Tax Questions and Answers 2023

Updated annually, Tax Questions and Answers 2023 presents over 500 questions across the breadth of topics covered in undergraduate taxation. Used throughout the course of study it will assist in evaluating progress and identifying areas to focus on; as an exam revision tool, it can strengthen memory and real understanding.

Fully revised and updated Tax Questions and Answers 2023 reflects the chapter headings in Principles of Taxation Law 2023 making it the ideal companion volume as well as a stand alone text.

By providing the opportunity to reflect on the issues independently, yet with the assurance of a model answer to rely upon, this text is a most effective means to advance the reader’s knowledge of taxation law.

1. Sources of taxation law

2. Study skills for taxation law

3. The taxation formula

4. Residence and source

5. Assessable income

6. Income from personal services and employment

7. Fringe benefits tax

8. Income from business

9. Income from property

10. Principles of compensation

11. Capital gains tax

12. Deductions

13. Specific deductions

14. Capital allowances and repairs

15. Rebates and rate of tax

16. Tax accounting

17. Trading stock

18. Superannuation funds and retirement payments

19. Partnerships

20. Trusts

21. Companies

22. International taxation

23. Tax planning and anti-avoidance

24. Tax administration

25. Goods and services tax (GST)

26. State taxes and goods and services tax

27. Special classes of taxpayers