Essay On Statutory Income

Taxation LawTRUC TRAN THANH TRUONGK140658[pic 1][pic 2]        ContentsIntroduction________________________________________________________________2Question 1_________________________________________________________________3Question 2_________________________________________________________________6References_________________________________________________________________9IntroductionThis assignment will examine which is ordinary income or statutory income a giving context under Australian Taxation Law and how to identify them. Moreover, this assignment also identifies and analyses the relevant information of deduction and how to make decision on tax payment under Australian Taxation Law.