. In “The Frogs” Aristophanes criticizes the intellectuals of his own period—Discuss. Aristophanes’ “The Frog” is a comedy but it is not just confined to comic entertainments. It is more about society of the time. It can be turned as a social‚ political and literary satire. Infact‚ Aristophanes criticizes the intellectual of his own period in a comic manner in his comedy “The Frog”. The comedy is centered upon the intellectuals of the time. The plot of the play falls into two parts. The first
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TAXATION LAW BLAW30002 Course Outline Semester 2‚ 2012 Welcome to Taxation Law! This course outline provides you with essential administrative information regarding the course. Please read all of the information closely. 1 Subject description 1.1 Content This subject provides students with an introduction to the Australian taxation system. Upon completion of this subject‚ students will have: a basic overview of the overall Australian tax system and the policy influences behind its
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BLAW30002 TAXATION LAW 1 Elyssa Ho Semester 2‚ 2014 BLAW30002 EXAM NOTES 2014 Exam Structure 1. Question 1 – Residency a. 20 minutes 2. Question 2 – FBT Consequences + Calculate the FBT liability (if applicable) a. 48 minutes 3. Question 3 – Income Tax Consequences a. 51 minutes b. 4 parts i. 25 mins + 8 mins + 8 mins + 8 mins Table of Contents Residency ...........................................................................................................................................
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TAXATION LAW I. General Principles POWER OF TAXATION TAXATION – power by which the sovereign through its law-making body raises revenue to defray the necessary expenses of government from among those who in some measure are privileged to enjoy its benefits and must bear its burdens. Two Fold Nature of the Power of Taxation 1. It is an inherent attribute of sovereignty 2. It is legislative in character Extent of Taxing Power Subject to constitutional and inherent restrictions
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Default Position(what the rules would be without Sub C)Under Code section 1001‚ when there is a transfer of property in exchange for other property‚ the transferor recognizes gain or loss in the difference between:The FAIR VALUE of the property received‚ AND His ADJUSTED BASIS (determined under Code section 1012) in the property transferred EXAMPLE OF DEFAULT POSITION X has land worth $400‚000 and in which he has basis of $150‚000. X transfers the land to Corp in exchange for 100 shares of Corp
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THIS IS NOT THE EXAM!!!!!! | | |BA HONS IN LAW | |EXAMINATION: | |TORT LAW 1
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Bhd v Nasir Ibrahim [1992] 2 MLJ 355‚ SC The Supreme Court in this case held that the essence of consideration is that the promisee has taken upon him some kind of burden or detriment. Curie v Misa (1875) LR 10 Exch 153. Consideration under common law has been defined to ‘consist in some right‚ interest‚ profit or benefit‚ accruing to one party or some forbearance‚ detriment‚ loss or responsibility given‚ suffered or undertaken by the other’ Dunlop Pneumatic Tyre Co Ltd v Selfridge and Co Ltd [1915]
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Law Lesson 5 HOMEWORK: Notes‚ page 76 – 79 and 82 – 85 write advantages and disadvantages for each of those DUE FRIDAY Through conciliation‚ the DCS offers disabled people a uniquely accessible and empowering alternative to court or tribunal action‚ as a way of exercising their civil rights under the Disability Discrimination Act 1995 (DDA). We provide an opportunity to resolve complaints relating to DDA Part lll (Goods and Services) and DDA Part lV (Education). What is Disability Conciliation
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Commissioner err in attacking that there was a tax avoidance arrangement for the purposes of a BG1 of the Income Tax Act 2007? 2. If a tax avoidance arrangement did exist‚ was the reconstruction power exercised by the Commissioner correctly exercised? Law: (a)Section BG1 Tax avoidance (1) A tax avoidance arrangement is void as against the Commissioner for income tax purposes. Reconstruction (2) Under Part G (Avoidance and non-market transactions)‚ the Commissioner may counteract tax advantage
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LAW OF CONTRACT NOTES FOR DIPLOMA STUDENTS The Following are for the Lecture 1. Agreement: is an offer made by one person and an acceptance of that offer by a person to whom the offer is made. The offer and acceptance change their characters and become promises. Refer to Section 2 (1) (e) of the Act. Contract: must be an agreement. The agreement must be enforceable by law. Essential Ingredients: 1. 2. 3. 4. Free Consent Competency or Capacity Consideration Creates Legal relations
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