Law Assignment Sample

Law Assignment Sample

TotalAssignmenthelp.com is one of the finest platforms to get your Law Assignment Sample questions and answers done. We provide assignment help on all areas of law, such as consumer law assignment help, taxation law assignment help, environmental law assignment help, company law assignment help, etc. We have different sample papers available on our website to help the students while writing their assignment. To explain law assignments better, we have used a sample of taxation law assignment in our article.

Is it necessary to refer to law assignment samples while solving law tasks?

Assignments related to law are assigned to students to develop their skills and prepare the students for the professional world. To become a successful lawyer, a student needs to have excellent researching and reasoning abilities; he should be able to draft and write legal documents, be able to resolve disputes, etc. He should have strong verbal communication and be able to put across his point in a strong manner. Advocacy and legal professionalism is the most important aspect of students pursuing law as a subject. While writing law assignments, the student is able to develop all the skills stated in the previous section. But before writing down the assignment, a student should always refer to law assignment sample papers as this will help him to understand how to approach such assignments. Law assignments should be precise and practical. There is no room for long generalized commentaries in assignments related to law. The assignments have a definite pattern that needs to be followed. So it becomes necessary for students to understand the patterns and to learn the art of being precisely correct while answering the law assignment topics. Students can find many law assignment sample papers available on the internet, and they have to understand the approach and solve the assigned tasks.

What Is Law?

What does the law mean? A country or organizations sets up some rules and regulations that are mandatory to be followed by the citizens of that particular country or organization. These rules are referred to as law. You will get through details about what is the law from the Law Assignment Sample, which we provide. It is mandatory to follow the laws, so anyone who doesn't abide by the norms of the law is punished. You will understand this well from the Law Assignment Sample provided by us in this article. With this paper's help, you can also come to know about the various branches of law such as civil, criminal, taxation, domestic, etc.

Law Assignment Samples related to Taxation

In our Law Assignment Sample we have covered taxation law which deals with the matters related to tax. If you want to get the best assignment help online for your taxation assignment then visit TotalAssignmenthelp.com today. TotalAssignmenthelp.com provides taxation law assignment on various subtopics of the tax such as sales tax, income tax, professional tax, commercial tax etc. Taxation law contains all the rules and regulations in context to direct taxes as well as indirect taxes pertaining to corporate and non-corporate organizations and individuals because laws pertaining to tax are part of commercial law. The experts solving Law Assignment Sample papers explain that tax laws are imposed legally by our constitution, and anyone going against it has to pay the penalty, and in worst cases, it can also lead to imprisonment.

1. Mr. Tailor who is a businessman earns &7800 from his organization. His net income after deducting all the company expenditures sum up to 6300. The income tax and the organization tax are to be paid by Mr. Tailor basis his net income. The finance department of the government will decide the tax percentage which will be shelled out by him. He will also be required to submit certain documents such as income statement, cash flow statements, balance sheet etc., which are the sources for calculating the amount of tax to be paid to the government. The experts at TotalAssignmentHelp.com solving Law Assignment Sample elucidate that in case Mr. Tailor is unable to pay his taxes or does not have all the documentation as required by the tax authorities, he will have to pay a huge penalty or can also be imprisoned.
2. In 1882 Robert D’Souza bought 5 hectares of land for his apple farm and paid $320,000 for the land. He again purchased 1 hectare of land in the year 1889 and paid $ 40,000 for it. He also had to pay $800 as stamp duty charges and $1600 as legal charges. Robert decides to sell his land because the apples could not yield properly on that land. He could not get a good buyer for his land, so he decided that he would sell the land by subdividing it and paid $160,000 for the sub-division of his land. He finally got a buyer for his land and sold the land for $800,000 on august 2012. The contract made for the sale of land stated that half amount of the land will be paid after settlement and the other half with 10 percent interest would be paid on April 30 2013. A legal fee incurred was $2,400 and agent’s commission summed up to $12000. You are requested to give tax advice to Robert for the financial year 2012-13.

Land cost: $40,000
Stamp duty charges: $800
Legal charges: $1600

Cost incurred for sub-division and clearance: $160,000
Commission of agent: $12,000
Legal charges: $2,400
Total cost: $174,400

Here 20 per cent of the land is considered to be taxable area of land, hence the base cost sums up to $77,280

Now to find out the capital gains you need to calculate by how much the sale value exceeds the cost of the asset.

Sale Price: (20/100*($800,000)) = $160,000
Cost price = $77,280
Capital gains= Sale Price – cost price= $82,720

Robert can discount 50 per cent of the total capital gain because he had this new land with him for a time period exceeding an year. So now the capital gain sums up to $41,360(50/100*($82,720)).

Capital gain comes under taxable income along with other things such as the sale agreement which Robert had made with the buyer of his land which stated that the settlement would be made on November 12 2012. Robert is taking an interest of 10 per cent on the remaining amount from the buyer of his land and this amount will be included under the other incomes of Robert.

Total sales amount= $800,000
First payment= $350,000
Second payment= $350,000+10 per cent interest for the period of 5 months 19 days.
Taxable amount=$16,440
No of days for which interest is accumulated = 171
Total Taxable interest=$ 16,400(350000/365*171).

Why Choose TotalAssignmenthelp.Com For Getting Your Taxation Law Assignments Done?

Law Assignment Sample providers explain that Students find law a very confusing and difficult subject as it includes various acts, conventions, statutes, etc. This is why students take help from law assignment writers online or search for law assignment samples. TotalAssignmenthelp.com has a team of experts who cater to students' needs and provide them with essays, thesis, reports, editing work, law assignment samples, etc., to make their work easy and help them gain good marks. TotalAssignmenthelp.com is the only online writing service which provides professional law assignment as well as law essay samples.

At TotalAssignmenthelp.com there are professionals hired from various countries such as the USA, Australia, Europe etc., who write assignments keeping in mind the laws of the country. We also write assignments on preparing a balance sheet and delivering projects related to project management, chemistry, economics, business-related subjects, statistical analysis, taxation law, etc.

Law Assignment Sample providers at TotalAssignmentHelp.com make sure that all our assignment help and assignment samples are provided within the given time frame and with the best quality. We offer fair prices for our services and also revise our work as many times as needed without charging any extra cost. We provide law assignment samples, including laws pertaining to taxation, contract, commercial, corporation, and business.

We have a team of experts who are professionals in their respective fields and leave no room for any mistake. If you or your professor is able to find any flaws, we will be ready to refund the money paid for the particular assignment. So what are you waiting for? If you also want professional, plagiarism-free law assignment help, then visit TotalAssignmenthelp.com today and order your assignment.