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- Cost Paid
Taxation of income
Issued by
The Tax Institute
Earners have demonstrated an understanding of the different ways in which receipts of amounts of income may be assessed. Earners applied taxation principles of residency, source and derivation to a range of tax entities and scenarios and determined the taxation treatment of ordinary and statutory income, including the calculation of a resident tax entity's assessable income and the taxation treatment of common types of exempt and non-assessable, non-exempt income.
- Time Hours
- Cost Paid
Skills
Earning Criteria
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Earners complete 10 hours of online, self-paced, interactive learning, incorporating interactive examples, knowledge checks, case studies and a comprehensive activity.
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Successful completion of two online, multiple-choice assessments: Assessment 1: 20 multiple-choice questions within 60 minutes. Assessment 2: 6 scenario-based multiple-choice questions within 45 minutes.
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Achievement of a minimum score of 75% for all assessment tasks.