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LAW6001 Assessment 2 Group Presentation Page 1 of 6 ASSESSMENT BRIEF Subject Code and Title LAW 6001 Taxation Law Assessment Assessment 2: Presentation Individual/Group Group Length A powerpoint...

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LAW6001 Assessment 2 Group Presentation
Page 1 of 6
ASSESSMENT BRIEF
Subject Code and Title LAW 6001 Taxation Law
Assessment Assessment 2: Presentation
Individual/Group Group
Length A powerpoint and/or multimedia presentation of between 15 and 20 mins
duration.
A electronic copy of the presentation and any class handouts prepared
must be supplied to the lecturer
Learning Outcomes Students are required to work in a group to prepare and present a
presentation addressing an aspect of taxation they find interesting. This
can be the home taxation system for overseas student, alternative
assessment bases, unusual tax systems from history or cu
ently in use.
Specific learning outcomes
d) Identify and analyse the tax treatment of various types of income and
deductions.
f) Work and communicate effectively in a team within a professional
context to develop advice for a client.
Submission Week 5 / Module 3.1
Weighting 10%
Total Marks 10 marks
LAW6001 Assessment 2 Group Presentation
Page 2 of 6
Context:
In the world of financial services and taxation it is necessary to develop and present in a variety of different formats. It is also necessary to
work in a group to achieve outcomes. The assessment assesses the ability to agree on a topic, research the topic and develop an informative
and engaging presentation.
Instructions:
As a group you need to decide on a research topic. Possible topics include:
 An overview of your own tax system - overseas students only. Only one overview per country is available. It is possible for one group
to do an overview of the system and another group to focus on one aspect of the country’s tax system.
 A strange or unusual tax cu
ently used in a jurisdiction
 A strange or unusual tax from history
 The history of income tax in Australia
 An example of social change caused by taxation
 An example of social unrest caused by taxation.
 Alternative forms of taxation such as wealth taxes
 Other topics agreed to by the lecture
It is necessary to relate your topic to the indicators of good tax policy and conclude whether the indicators are present.
The presentation must be done as a group of 3 to 5. Each member must research and present a part of the presentation. The presentation
needs to be electronic in the media chosen by the group, such as powerpoint. Imbedded external videos are allowed, however the
presentation cannot consist of playing videos. It is necessary for each member to discuss their section and be prepared to answer questions on
its content. It is also a requirement to have a related hard copy handout for the class members. An electronic copy of the presentation and
elated class materials must be provided to the lecturer.
Each student is assessed on their contribution, it is therefore possible for students within the same group to be awarded different marks.
LAW6001 Assessment 2 Group Presentation
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MARKING RUBRIC
Assessment
Attributes
Fail (Unacceptable)
Pass
(Functional)
Credit
(Proficient)
Distinction
(Advanced)
High Distinction
(Exceptional)
Grade Description
(Grading Scheme)
Evidence of unsatisfactory
achievement of one or more of the
learning objectives of the course,
insufficient understanding of the
course content and/or unsatisfactory
level of skill development.
Evidence of
satisfactory
achievement of
course learning
objectives, the
development of
elevant skills to a
competent level, and
adequate
interpretation and
critical analysis skills.
Evidence of a good
level of
understanding,
knowledge and skill
development in
elation to the
content of the course
or work of a superior
quality on the
majority of the
learning objectives of
the course.
Demonstration of a
high level of
interpretation and
critical analysis skills.
Evidence of a
high level of
achievement of
the learning
objectives of the
course
demonstrated in
such areas as
interpretation and
critical analysis,
logical argument,
use of
methodology and
communication
skills.
Evidence of an
exceptional level of
achievement of
learning objectives
across the entire
content of the
course
demonstrated in
such areas as
interpretation and
critical analysis,
logical argument,
creativity, originality,
use of methodology
and communication
skills.
Knowledge and
understanding
Limited understanding of required
concepts and knowledge
Key components of the assignment
are not addressed.
Knowledge or
understanding of the
field or discipline.
Resembles a recall
or summary of key
ideas.
Often
conflates/confuses
assertion of personal
opinion with
Thorough knowledge
or understanding of
the field or
discipline/s. Supports
personal opinion and
information
substantiated by
evidence from the
esearch/course
materials.
Highly developed
understanding of
the field or
discipline/s.
Discriminates
etween
assertion of
personal opinion
and information
substantiated by
obust evidence
A sophisticated
understanding of
the field or
discipline/s.
Systematically and
critically
discriminates
etween assertion
of personal opinion
and information
substantiated by
http:
www.tua.edu.au/media/50742/a240_grading-scheme.pdf
LAW6001 Assessment 2 Group Presentation
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XXXXXXXXXX% XXXXXXXXXX
information
substantiated by
evidence from the
esearch/course
materials.
XXXXXXXXXX
Demonstrates a
capacity to explain
and apply relevant
concepts.
XXXXXXXXXX
from the
esearch/course
materials and
extended
eading.
Well
demonstrated
capacity to
explain and apply
elevant
concepts.
XXXXXXXXXX
obust evidence
from the
esearch/course
materials and
extended reading.
Mastery of concepts
and application to
new
situations/further
learning.
XXXXXXXXXX
Critical reasoning
Formation of
ecommendations
ased on the
identification of the
issues and the
application of case
law principles and
elevant legislation
identified in the
esearch process.
Difficulty in formulating own opinion
and a lack of recognition of the
various issues. A lack of application
of the relevant case law and/or
elevant legislation
Difficulty in justifying
own opinion. Some
ecognition and
discussion of the
various issues.
Some application of
the relevant case law
and/or relevant
legislation
Own opinion is partly
justified with
eference to case law
and/or relevant
legislation.
Recognition and
discussion of the
various issues
identified in the
question Application
of the relevant case
law and/or relevant
legislation to these
issues
Own opinion is
justified with
eference to case
law and/or
elevant
legislation.
Recognition and
discussion of the
various issues
identified in the
question plus
others identified
y the student
Application of the
elevant case law
and/or relevant
legislation to
these issues
Sophisticated
arguments
supporting own
opinion is justified
with reference to
case law and/or
elevant legislation.
Recognition and
discussion of the
various issues
identified in the
question plus others
identified by the
student and
problems identified
Application of the
elevant case law
and/or relevant
LAW6001 Assessment 2 Group Presentation
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30% XXXXXXXXXX XXXXXXXXXX- 25.4
legislation to these
issues
XXXXXXXXXX
Presentation skills
15%
Generally poor presentation skills
with little to no audience
engagement, no attempt to practice
or develop a coherent presentation
Clearly underprepared with no
coherent grasp of their part.
0 - 7.4
Some evidence of
preparation and
involvement in the
group work. Some
knowledge of their
particular part.
No clear, cohesive
presentation
XXXXXXXXXX
A good presentation
showing signs of
practice both on their
own and within the
group context. Some
attempt to develop a
cohesive whole in the
presentation
Able to answer basic
questions on their
particular part
XXXXXXXXXX – 9.9
A very good
presentation, clear
evidence of
practice both on
their own and
within the group
context. A clear
attempt to
develop a cohesive
whole in the
presentation
Able to answer
advanced
questions on their
particular part and
consider possible
improvements
XXXXXXXXXX
An excellent
presentation showing
signs of extensive
practice both on their
own and within the
group context. The
presentation is a well
developed cohesive
whole.
Able to answer
advanced questions
on their particular
part and consider
possible
improvements and
suggest policy
changes, or other
practical suggestions
for implementing
change.
XXXXXXXXXX
LAW6001 Assessment 2 Group Presentation
Page 6 of 6
Effective
communication
Ability to effectively
communicate
conclusions, ideas
and the key
aspects of the
student’s personal
analysis of the
issue
15%
Difficult to understand for audience,
no logical/clear structure, poor flow
of ideas, argument lacks supporting
evidence.
No effort is made to keep audience
engaged, audience cannot follow
the line of reasoning.
Little use of presentation aids, or the
presentation aids and material used
are i
elevant.
XXXXXXXXXX
Information,
arguments and
evidence are
presented in a way
that is not always
clear and logical.
Attempts are made to
keep the audience
engaged, but not
always successful.
Line of reasoning is
often difficult to
follow.
Presentation aids are
used more for effect
than relevance.
XXXXXXXXXX
Information,
arguments and
evidence are well
presented, mostly
clear flow of ideas
and arguments.
Answered Same Day Jun 29, 2020 LAW6001 Torrens University Australia

Solution

Aarti J answered on Jul 02 2020
125 Votes
History of Income tax in Australia
History of Income tax in Australia
Introduction
Income tax was introduced in the year 1915
Between 1915 and 1942, income taxes were levied on the state and federal level.
In 1942, income tax was consolidated by the federal government to increase the revenue
In the year 1915, the government initiated the income tax assessment Act No. 34 of 1915 and the accompanying income tax no 41 of 1915 were asented on 13th September 1915. The income tax was one of the most source of income for the Australian government and was peculiarly approporiate in the time of war.
2
Features of the income tax of 1915
The 1915 income tax base was largely confined to “ordinary” notions of income,
Deductions were allowed for losses or outgoings which incu
ed in Australia
State and local rates and taxes, which includes the state income tax and land tax, were deductible from the federal income tax base.
The 1915 income tax base was largely confined to “ordinary” notions of income, already established through judicial analysis of state income tax laws and British tax and trust law, being amounts that come in as a “flow”, including salaries, wages, rents and interest.
Deductions were allowed for losses or outgoings “actually incu
ed in Australia” for gaining the assessable income.
State and local rates and taxes, including state income tax and land tax, were deductible from the federal income tax base – consequently, the Commonwealth income tax took up the residual after the state income taxes applied.
3
Features of income tax of 1915
The 1915 Act included in income:
profits of any trade or business
dividends,
interest,
profits or bonus credited to members
eneficial interests in income under trusts
oyalties,
onuses,
premiums on property;
allowances,
gratuities,
onuses or premiums
The 1915 Act specifically included in income the profits of any trade or business (net of cost of goods sold); dividends, interest, profits or bonus credited to members or shareholders of a company even if reinvested in the company; beneficial interests in income under trusts even if not paid to the beneficiary; royalties, bonuses, premiums on property; allowances, gratuities, bonuses or premiums in relation to employment;...
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