BLAW30002 Lecture 12: revision

• School: University of Melbourne
• Department: Business Law
• Course: BLAW30002
• Professor: Sunita Jogarajan

Document Summary

Fay"s good friend, jez, is the chief executive officer of a large australian company located in. 2017 to 31 march 2018, he spent ,300 (including gst) on travel between his home and workplace and ,500 (including gst) on travel to see clients. ,800 from his employer in relation to these expenses: payment of jez"s accountant"s costs to complete his individual tax return (, including child"s name. Acme pty ltd ( acme ) is a private company incorporated in victoria, australia. The company was incorporated in january 2008 with four equal shareholders a, b, c and d. at the time of incorporation, acme"s only business activity was picture framing. The remaining shareholders decided that something needed to be done and hired a new managing director in july 2011. At this time, acme changed its business to the importation and retail of foreign artwork.