On 1st october 2012 company endx pty ltd purchased a new


Question 1

Juan is a Puerto Rican resident employed by a Puerto Rican company. Juan is sent to Australia to work on a short-term project to assist with the establishment of a branch of this company in Australia. Juan worked in Australia for 30 days. Throughout this time, Juan continued to receive a salary from his employer. The salary was paid into his Puerto Rican bank account. During the year Juan earned A$155,000 from his employment.

Required:

Advise whether Juan has to pay Australian Tax on any of his salary?

In your answer, refer to case law and legislation when necessary to support your answer.

Question 2

Are all receipts of a taxpayer that carries on a business income in nature?

In your answer, refer to case law and legislation when necessary to support your answer.


Question 3

On 1st October 2012, company EndX Pty. Ltd. purchased a new car for $45,000, inclusive of GST. Registration amounting to $450 was paid before delivery on 1st October 2012.

Solution Preview :

Prepared by a verified Expert
Financial Accounting: On 1st october 2012 company endx pty ltd purchased a new
Reference No:- TGS0755162

Now Priced at $40 (50% Discount)

Recommended (90%)

Rated (4.3/5)