3150AFE-Taxation Planning for Financial Advisors – Accounting & Finance Assignment Help

Assignment Task

Task 

Taxation Planning for Financial Advisors

This problem-solving assignment is designed to assess the learning outcome of students expressing their understanding of Australian taxation system in resolving hypothetical tax problem. Students are provided comprehensive facts about a client seeking tax advice. Prepare a File Note, and your findings in the File Note, on which entity or combination of entities are suitable to meet the client’s ‘objectives, that will support and form the basis of your recommendations in the Business Letter of Advice.

File Note 
Looking at these facts, identify the issues, and relevant taxation law:
• Apply the relevant law to the client’s facts and reference to the Income Tax Assessment Act 1936, and Income Tax Assessment Act 1997.  
• Use the STEP document to assist you in ensuring all law is applied in the required format and cross referenced to the law.
• File-Note will be around 15 to 20 pages in length.
• The recommendations in the File Note will support the advice provided in the Business Letter of Advice.

Business Letter of Advice
Students will be required to express their understanding of the law and recommended tax advice (as supported in the File-Note) in the Business Letter of Advice, which will need to be expressed clearly in a language the client understands.