Deadline :- Today 11.30 AM Very Strict
1. Explain briefly whether Helmut’s overseas posting is likely to impact their residency status for tax purposes
2. Explain whether Helmut’s ordinary income receipts are Australian sourced or foreign sourced
3. Determine Helmut’s taxable income with reference to the taxable income formula
4. Determine Helmut’s basic tax payable
5. Determine Helmut’s liability to pay the Medicare Levy and Medicare Levy Surcharge
6. Determine Helmut’s entitlement to a foreign income tax offset
7. Based on the information provided, and your responses to the above questions, confirm Helmut’s net tax payable (refund)
8. With reference to the TASA Code of Professional Conduct, reflect upon the specialist tax knowledge required to give advice on the issues presented in this assessment task
9. Reflecting on the notions of academic integrity, provide a statement as to how you approached completing this task and provide: (i) a bibliography breaking down the resources you viewed or examined, and (ii) a reference list of those that you explicitly replied upon in completing this task
Thanks & Regards