COMLAW301

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Question one 是CAPITAL REVENUE 还是EMPLOYEE CONTRACTOR呀

Vy2

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?

~多多~

yea, i think it s capital too, what about question two
i think CB4 AND CB6 will not apply and no tax ?

Vy2

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

~多多~

yea CB14 applies, not sure about DB28

~多多~

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