Tax Tasks

levy Consulting Task XYZ Pty Ltd (XYZ) is considering the pursuance proposal to provide expand to the capital of capital of capital of capital of Singapore Govt (Customer) which allow for be awarded in Nov 2011 and ordain run for 3 yrs: The sale 2 items of substantial equipments, requiring modifications and installation in Singapore Sale of peerless pieces of equipment in Australia exit occur in 2012, after the node has tested and accepted the equipment (substance abuser acceptance test will take over 6mths in Australia). Customer is answerable for ecstasy these products to Singapore after purchase The remaining equipment will be sold in Singapore in 2013 XYZ is responsible for berth shipment All equipment will be located in Singapore (regardless of where its purchased) The Customer will deport in instalments outset from vex signing in Nov 2011 and will pay the postulate value in even instalments over the 3 yrs. The instalments are not related to any particular activity. development on use of the substantial equipment and the provision of further enlightening services in respect of the equipment for 3 yrs The training and rough user acceptance training will be conducted in Australia. XYZ will be required to place 4-6 people in-country to cause the advisory services outlined above.

Question Please work no to a greater extent than 2 pages of lottery tax advice for XYZ for the Tax team way to review considering the following: 1.Corporate income tax implications to XYZ a.consider two Australian and Singapore implications (relevant excerpts of Double Tax Agreemen t provided) b. search s23AH of Income Tax A! ssessment Act 1936 uphold to ATO website: http://law.ato.gov.au/atolaw/index.htm 2.GST implications of the contract given the Customer is not Australian, but will leave services performed in Australia a.Excerpts from GST commentary provided 3.Implications for XYZ employees in Singapore for 3 yrs a.Consider general principles of taxation to income earned 4.Any other...If you want to encourage to a full essay, order it on our website: BestEssayCheap.com

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