Written Analysis
Value 15%
Due Friday 11th May 2018 @ 11.59 pm
Henry suggested us in his info to the Institutional Framework of Taxation in Australia that the Australian Taxation System is amongst the most complex on this planet and is made up of roughly 125 taxes along with taxes corresponding to Income Tax, Capital Optimistic points Tax, Fringe Benefits Tax and Gadgets and Firms Tax merely to name a quantity of. He moreover talked about that there are quite a few completely completely different organisations that play completely completely different and diversified roles inside this technique to be certain that its integrity and all Australians are equally dealt with with equity.
The Australian Taxation System is embedded inside the way of life for all Australian taxpayers, we pay tax on our income, we pay tax after we purchase gadgets and use corporations, we pay tax after we promote belongings and that is just to name a quantity of nevertheless in return the Authorities offers corporations and benefits e.g. hospitals, colleges, defence, and financial Help to these in need and so forth.
As everyone knows the federal authorities relies upon very intently on the revenue from taxation to have the capability to finance its actions and firms it presents to the common public and reforms and Assessments on taxation are generally a highlight of governments.
These days there was an increase in the utilization of on-line currencies (Cryptocurrency) for product sales and purchases of merchandise and firms on the internet, in addition to these that commerce inside the foreign exchange for income or use it for future funding capabilities. The tax authorities round the globe are merely starting to check out these cryptocurrencies and the means in which by which they want to be dealt with for income tax capabilities. The Australian Tax Office (ATO) is establishing a taskforce to observe cryptocurrency transactions, the taskforce objectives to be certain that cryptocurrency merchants are paying the correct amount of tax.
This analysis requires you to analysis this topical house of taxation (Taxing of Cryptocurrency) which has been having fun with out inside the media for varied months now as per Half 1 and Half 2 beneath.
Half One
Consider Australian newspapers such as a result of the West Australian, Financial Consider, The Australian, Sunday Events and quite a few others for articles on the realm talked about above. You may want to uncover 10 newspaper articles which is able to seemingly be handed in alongside along with your venture. The articles ought to be from 2017 or 2018 solely. Ought to you do not have entry to Australian Newspapers then you possibly can use the Factiva Database all through the Curtin Library. A factsheet on strategies to use this database and a quick video presentation is included inside the analysis hyperlink for this venture on the Blackboard. These newspaper articles have to be scanned or saved as PDF info and uploaded to the Blackboard inside the acceptable house all through the analysis tab. Please Observe we shouldn’t be going to accept hyperlinks to the articles.
Half Two
After finding out newspapers and journal articles and using wider Assessment platforms such as a result of the Australian Taxation Office Rulings with reference to Taxing of Cryptocurrency and the means governments are going to begin out tackling this problem you have to be succesful of sort an opinion as to whether or not the policing of cryptocurrency will seemingly be environment friendly or will or not it is a troublesome course of for revenue authorities.
For this house of the analysis you possibly can make clear
a) What’s Cryptocurrency and the means does it work?
b) How is Cryptocurrency taxed inside Australia in the interim?
c) What are revenue authorities doing going forward to be certain that that it is precisely taxed inside their very personal areas?
d) What’s your opinion of the measures being taken by the tax authorities to be certain that that they catch all of the taxpayers partaking inside the cryptocurrency world, will or not it is worthwhile or will or not it is troublesome to police? This house is based about your opinion so you possibly can be sure that you give us your private non-public views of the topic and by no means a summary of the articles you’ll have collected partially one of many analysis course of.
The requirements of the venture for half two is to provide a 1500 phrase essay in your opinion of this matter which ought to be based totally in your findings from the Australian newspapers you’ll have collected and another Assessment you possibly can want to undertake, please do not merely current an in depth summary of the articles you’ll have included in Half 1
The phrase limit does not take word of the cover internet web page or references and we’ll allow an additional of 10%.
Essay Development
Requirements for Marking Assignments
This affords you an thought of what we’re on the lookout for when marking the assessments
Cowl Net web page (make your private up)
Unit Title, venture amount, due date
Lecturers establish, Scholar establish and ID
Contact Deal with and Piece of email Deal with
Development
Introduction to venture
Content material materials of physique (detailed)
Conclusion to venture
Relevant sentence building
Applicable grammar, spelling and punctuation
Relevant use of language
Paragraph sizes acceptable
Font measurement readability
Relevant line spacing
Relevant headings and sub-headings
Pagination
Fixed format
Content material materials
Proof of acceptable finding out on the areas required
Displays an understanding of the topics
Displays conceptual understanding of the issued involved inside the venture
Displays functionality to analyse the issues involved inside the venture
Displays functionality to convey to marker an understanding of the issues
Displays an understanding of the approved factors involved
Displays a functionality to assume broadly
Accommodates understanding of associated legal guidelines, rulings, and so forth
Accommodates all associated documentation and attachments that’s required all through the venture to once more up concept
Referencing
Refers to sections of legal guidelines (the place acceptable)
Refers to approved circumstances (the place acceptable)
Makes use of proper method of citing legal guidelines and circumstances
References acceptable and current
Makes use of references to set up sources of data and acknowledges such sources
Bibliography on the end indicating provides be taught/used
Job Submission Course of
Please be taught the submission course of rigorously. School college students ought to understand that compliance with instructions in relation to an analysis course of is significant. School college students MUST bear in thoughts that non-compliance with these instructions can lead to a mark of ZERO.
All assignments have to be submitted by 11.59pm (western customary time) on the Friday of the week the venture is due.
School college students will even be required to submit their venture to Blackboard. The venture will robotically be submitted to the plagiarism detection programme, Turnitin.
What’s Turnitin?
Turnitin is an digital textual content material matching system that compares textual content material in a scholar’s venture in opposition to digital textual content material on the Net, in revealed works, on enterprise databases, and in assignments beforehand submitted to Turnitin by faculty college students in universities throughout the world, along with assignments obtained from ‘paper mills’ (Net web sites which promote scholar papers).
School college students and Turnitin
Turnitin is a unbelievable helpful useful resource to Help faculty college students with their referencing. School college students are given the alternative to submit a draft venture into Turnitin (by means of Blackboard) to retrieve an originality report of their venture. The originality report is a instrument to help discover potential sources of unoriginal work in submitted paperwork by highlighting similarities between the submitted textual content material and the info inside the Turinitin database.
Submitting a draft venture and reviewing the originality critiques offers faculty college students with the likelihood to be certain that their venture is referenced appropriately, and to make any wanted changes.
Please remember that the similarity proportion that an originality report generates is not a measure of plagiarism, provided faculty college students have referenced the associated foremost sources which they obtained their knowledge and ideas from precisely.
