Saturday, January 25, 2020
The Citizens Clean Elections Act :: Politics Political Campaigns Essays
The Citizens Clean Elections Act Clean Elections Act is a proposition that gives everyday people like you and I a chance to give something back to our community without having to spend millions of dollars to campaign with but instead the money comes from donations on your W2 form and also taxpayers. Arizonans have agreed that it is just a better way to have elections among the rich companies and candidates. The current proposition has influenced a higher voter turn out along with more candidate competition. Though, this proposition is still currently active the large firms have taken it to the Federal courts seven times desperately trying to get the proposition overturned by saying it is unconstitutional. With the help of voters supporting this proposition we can keep the clean elections act in Arizona. As the wealthy politicians get more tax cuts the average everyday American running for office stands no chance in beating his competitor without having money to back him. In Arizona and three other states we have a different aspect that has changed elections since 1998 it is a clean act on campaigning, it helps the average man or woman to run for any office. The act protects average Americans who do not have millions of dollars to campaign with. The act makes a fair election process because whose to say that all rich people are the best candidates for the job why not an average American such as a teacher or a police officer to take on the task as a Senator or Governor for any state. Many Americans do not run for these positions because money has a huge impact on the way elections unfold in the United States. If you do not have campaigning money how can you get your name out there for anyone to see? So, in theory if you have no money you have no candidate. In 1998 when Arizonans passed the ââ¬Å"Citizens Clean Elections Actâ⬠by a mere 51% they were the fourth state to have passed the act. The act is for candidates who need public funds for their own campaigning. In other states the public funding came from traffic tickets and surcharges making the Clean Elections Act not able to pass because that money was needed at other areas in the government. The court system deemed it unconstitutional to use traffic tickets for public campaigning since it was an optional funding for candidates.
Friday, January 17, 2020
How was Hitler helped into power?
Although it is true to say that Hitler gained power through the ââ¬Ëback-door', it is unfair to argue that Hitler had got into power purely by luck or chance. Certainly the situation in Germany made the atmosphere right for a Nazi takeover, however certain events must be recognised as being a direct result of Hitler's perseverance and strengths as a leader. Perhaps most importantly for the Nazi party- if not conventional ââ¬â was the appeal of the party's agenda. Not only was the party's agenda masterminded by Hitler, it was he who projected the party's ideologies to the people efficiently, and powerfully to the public. Not only was this from his oratorical dexterity, but also from his brilliant propaganda methods. Hitler's dexterous methods of propaganda clearly won public support. How Hitler manipulated Horst Wessel's death is on instance, in which Hitler blamed the KPD party for his murder, whereas his death was due to other motives. Not only does this instance shows Hitler's deftness, but also gives us an indication as to whom Hitler targeted in his propaganda. However, it seems although Hitler used propaganda to good effect, much of his support would not have been gained but for the circumstances in which Germany were in. Anti-Semitism, horrific as it may seem, was in fact staunchly supported, particularly within the Bavarian region of Germany. Much of this hatred became more widespread, especially amongst middle classes. This was largely due to the fact that the majority of the instigators of urbanisation happened to be Jews. However, Hitler's nationalist theory and brilliant propaganda skills made the spread of Anti-Semitism easier and faster. In fact, much of the ideologies of the time that were widespread, such as anti-communism, nationalism, volkenmeingeschaft etc. orresponded to Nazi ideology. Hitler, with his brilliant leadership skills, was able to get such views across via propaganda and his great oratory skills. Consequently, due to the fact that many agreed with much of his ideologies, Hitler was imminently going to gain support. One instance is the very important group, the liturgy, which had Lutheran roots and thus very connected to Germany, supported the Nazis primarily because of their Nationalistic philosophies. Furthermore, the strength of the Nazi Party was its ideologies appealed to many sections of German society. Although the working class on the whole remained loyal to the socialist party, the socialist element of the Nazis 25-points (which amounted to little more than vague promises of land reform and attack on profiteering), did win some working class support. Instances such as these clearly gave Hitler some sort of power base to which he could gain leadership from. Hitler also appeared to be a factor in gaining a persona in which the Nazi party could easily get support from the party. This could only be gained through conventional means (i. . through elections), as oppose to their putschist tactics and by having a strong fuhrer to which the public could relate. Hitler offered both of these to the party, (A ââ¬Å"Hitler cultâ⬠developed by his justification that there was a need for strong leadership to save the party from the so-called Jewish-socialist conspiracy) the ramifications of which were very pleasing for the National Socialists. By 1929, the Nazis were the second largest party in Germany. The biggest factor into Hitler gaining power was the Weimar republics collapse. This was largely due to the fact that more economic problems within the Weimar constitution led to Chancellors such as Von Papen and Schleicher over-using Article 48 in the Reichstag. This imminently led to the demise of the Weimar as a democracy. However, this is not to say that the collapse of the Weimar on its own led to the Nazi party takeover. In fact, at the time of the near collapse of the Weimar, the Nazi party was the largest party in the Reichstag. Coupled with the fact that Von Papen was eager to return to the Reichstag, Hitler was able to become Chancellor. Nonetheless, this did not indicate a complete takeover, although it did become the start of one. Another factor into the demise of the Weimar and thus Hitler's appointment as Chancellor was the underestimation of Hitler as a manipulator. In essence, Papen especially was foolish to believe that he could control Hitler. In conclusion, it is just to say that Hitler's ââ¬Ëhelp' was a little more than help. In fact, it was a combination of both Hitler's qualities as a leader and propagandist and events within Germany that allowed Hitler's ominous rise to power.
Wednesday, January 8, 2020
School Profile Everglades University - 1014 Words
School Profile: Everglades University Everglades University was founded in 1990 under the name American Flyers College. Although they originally only offered Associate of Science Degrees, they changed their name in 2000 and added a variety of Bachelor of Science degrees. These include standard majors, such as business administration and Information Technology, and harder to find majors such as aviation management and professional aviation. In fact, Everglades University was one of the first higher learning institutions to offer an accredited Bachelor of Science degree in alternative medicine. Everglades Universityââ¬â¢s mission is to provide a quality education experience to adult student by creating an academically collaborative environmentâ⬠¦show more contentâ⬠¦Regardless of the major, Everglades University focuses on improving the studentsââ¬â¢ written, verbal, analytical and technical competencies. Everglades University also offers successful distance learning programs. Everglades University Accreditation Details -Everglades University is accredited through the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). - Everglades University belongs to the Independent Colleges and Universities of Florida (ICUF) organization. Everglades University Application Requirements Undergraduate students who want to be considered for enrollment must complete an admissionââ¬â¢s application, submit verification of high school graduation or GED completion and provide transcripts for any colleges attended. Students must make arrangements to take Everglades Universityââ¬â¢s entrance examination. Alternatively, they can submit their American College Testing exam (ACT) or Scholastic Aptitude Test (SAT) scores. Students will need a score of at least 15 on the internal exam, an SAT score of 800 or an ACT composite score of 17. Graduate students will need to submit their official transcript that they have earned a Bachelor from a college that is accredited by a Department of Education-recognized higher learning institution. They will need to have a 2.0 GPA for their undergraduate degree or a 3.0
Tuesday, December 31, 2019
The Critique Of Judgement Immanuel Kant - 1841 Words
Derek Marth Meaning of the Arts M. Jared Martin 4/23/15 Final Essay In 1790, Immanuel Kant created a piece of work known as the Critique of Judgement. In his work, the Critique of Judgement, Immanuel Kant moves his attention to focusing on aesthetics and what truly makes a piece of art beautiful and pleasing to the eye. Up until around the 1780s Immanuel Kant did not particularly worry or concern himself with aesthetics and how that judges an object or piece of art. It was only in the 1780s that Kant started to take an interest in the aesthetic value of objects and pieces of art. According to Kant, for an object to truly be called beautiful there are four ââ¬Å"Momentsâ⬠in which that particular object must go through. In the book, The Routledge Companion to Aesthetics, Crawford tells us, ââ¬Å"It is divided into four ââ¬Å"Moments,â⬠corresponding to the headings of the table of judgements in the Critique of Pure Reason: quantity, quality, relation and modalityâ⬠(Crawford 52). Kantââ¬â¢s theory of these four moments that an object must go through in order for it to be called beautiful are a very elaborate but quite easy concept to understand. Crawford does his very best throughout this particular reading to try and make the theory as easily understandable as possible due to the somewhat hard to read language Kant uses in his original work. Immanuel Kantââ¬â¢s four ââ¬Å"Momentsâ⬠of quantity, quality, relation and modality, do an exceptional job of explaining what makes an object beautiful. The FirstShow MoreRelatedKant : The Father Of Enlightenment1071 Words à |à 5 PagesStanford Marquis Essay 2 Kant: The Father of Enlightenment The 18th Century is referred to as the Age of Reason or Enlightenment as it was during this period that reason and individualism was advocated as a means of power. Science and reason were revolutionizing society by challenging the facts deeply rooted in tradition. This new rational way of thinking used logic to arrive at conclusions. Immanuel Kant, a German philosopher, was one of the primary figures of this era that cultivated reason andRead MoreImmanuel Kant s Philosophy And Philosophy1389 Words à |à 6 PagesResearch Paper- Immanuel Kant Immanuel Kant was a famous philosopher whose philosophical influences impacted almost every new philosophical idea, theory, concept etc. In a sense, he was considered the central face of contemporary philosophy. Kant spent his whole life in Russia. Starting out as a tutor, to then a professor, he lectured about everything; from geography to obviously philosophy. In his early life, he was raised to emphasize faith and religious feelings over reason and theological principlesRead MoreThe Most Influential Thinkers Of The German Enlightenment Era1119 Words à |à 5 PagesImmanuel Kant was born April 22, 1724 in Kà ¶nigsberg. Kant is considered one of the most influential thinkers of the German Enlightenment era. He could easily be labeled one of the greatest and most important Western philosophers of all time. Kant was born the fourth of nine children to Johann and Anna Kant. His father was a harness maker, and the large family lived a rather humble life. The family practiced Pietism, an 18th-century branch of the Lutheran Church. As a result of this, Kantââ¬â¢s earlyRead MoreIs Beauty Treated As If It Is Universal?865 Words à |à 4 PagesBeauty is in the eye of the beholder, is a phrase commonly used in today s society to make a politically correct assessment of our judgement of beauty. The popularity of this quote has helped convinced the general public that it is an universally truthful statement. This statement suggests that, the perception of beauty is based on an individuals subjective judgement rather than an any empirical justifications. If the majority of the worlds population believes this statement to be true, then whyRead MoreSchool Of Humanities And Communication Arts1126 Words à |à 5 Pagesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢ ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. Note: An examiner or lecturer/tutor has the right not to mark this assignment if the above declaration has not been signed) Explain the following quote from Kant: ââ¬ËBeautiful is what, without a concept, is liked universally.ââ¬â¢ (p37 of the Reader) In the exposition of the beautiful that Immanuel Kant offers in his Critique of Judgement, the second moment of the analysis states that the beautiful is that which pleases universally without a concept. The statement seeks to establish three claims andRead MoreImmanuel Kant And Kant On Morality1097 Words à |à 5 Pageswhich are usually compared to one another, Immanuel Kant and David Hume. Immanuel Kant had many theories throughout his philosophical time. Here are some of his ethical works, Groundwork of the Metaphysics of Morals (1785), the Critique of Practical Reason (1788), and the Metaphysics of Morals (1797), which contains both ââ¬Å"the Doctrine of Rightâ⬠and ââ¬Å"the Doctrine of Virtue.â⬠He also had some other works of importance to his moral philosophy including the Critique of the Power of Judgment (1790), ReligionRead MoreEssay The Critical Philosophy of Immanuel Kant2525 Words à |à 11 PagesThe Critical Philosophy of Immanuel Kant Criticism is Kants original achievement; it identifies him as one of the greatest thinkers of mankind and as one of the most influential authors in contemporary philosophy. But it is important to understand what Kant means bycriticism, or critique. In a general sense the term refers to a general cultivation of reason by way of the secure path of science (Bxxx). More particularly, its use is not negative, but positive, a fact that finds expressionRead MoreThe Sociological Concept Of ââ¬ËTasteââ¬â¢ Allows Us To See How1651 Words à |à 7 Pagesterms ââ¬Ëaestheticsââ¬â¢, can be seen to stretch back as far as historical philosophers such as Immanuel Kant and David Hume in the 18th century, showing the importance it has held in the social sciences over time. The notions they proposed aided the emergence of the sociology of taste that we use as theoretical frameworks today. Immanuel Kantââ¬â¢s notion of ââ¬ËAestheticsââ¬â¢ in his book ââ¬Ëthe critique of Aesthetic judgementââ¬â¢ (1790) regards taste as something that is both subjective and universal in nature. It isRead More Hume Vs Kant Essay1745 Words à |à 7 Pagesexistent. Secondly, he asserted that it must have temporal priority, in that, the cause had to precede the effect. Lastly, the event must have a necessary connection- we must develop an understanding of why a cause produces a certain effect. Humeââ¬â¢s critique of causation is that we cannot see it, we must infer it. For example, two billiard balls, one moving toward the next demonstrate temporal priority because one ball is moving first. Secondly, constant conjunction occurs because the balls exist togetherRead MorePhilosophy Is The Idea Of Knowing One s Mind By Asking The Simplest Question1494 Words à |à 6 Pagesscience, religion, logic, ethics, politics, ethics, and aesthetics. Modern philosophy is believed to have originated in Western Europe during the 17th century, forming three main divisions; The Rationalists, The Empiricists and philosophers like Immanuel Kant who had combined insights. Plato is an influential ancient Greek philosopher who studied the teachings of Socrates, and passed these precious writings onto numerous other philosophers including Aristotle. Born circa 428 BCE, Plato was the child
Monday, December 23, 2019
Kenneth C. Davis s Don t Know About History - 1753 Words
Kenneth C. Davis, the author of Donââ¬â¢t Know Much about History, claimed that the true discoverers of America were the people whose cultures and societies were well established here while Europe was still in the Dark Ages, the so-called Indians. For all the diversity of the First Americans, they inherited certain common traits from their old world ancestors. Reflecting their Asiatic heritage, they were generally short to medium stature, with straight black hair, light brown skin, had epicanthic fold, and prominent cheek bones ââ¬â features that in 1492 reinforced Columbusââ¬â¢ mistaken conviction that he had reached the East Indies and prompted him to assign to the inhabitants the inaccurate yet enduring title of Indians. Indians arrived in America some 30,000 to 40,000 years ago. Archeological findings and Radiocarbon testing suggested that the prehistoric people who populated the Americas were hunters following the herds of wooly mammoths. They walked from Siberia across a land bridge into Alaska. They headed south toward warmer climates, slaughtering the mammoths as they went. As the glaciers melted, the oceans rose and covered this land bridge, creating the present-day Bering Strait and separating Alaska from Russia. By the time Christopher Columbus arrived, they were millions of what might be called First Americans or Amerindians occupying the two continents of Americas. The first noted documentation of the Beringia theory of the peopling of North America was by Jose deShow MoreRelatedThe Advantages And Disadvantages Of The American Civil War1145 Words à |à 5 Pagesrailroad to transport their manufactured goods. The railroads also helped the union by sending ammunition and food quickly, but The there was a fear of being sabotaged. In the map, we can also see the South railroads were very scattered. The South didn t have much of a need to have as many railroads because they were farming communities. The Union also destroyed what little railroads the South had (Boyer 454). The Confederacy then could not transport supplies nor people to other parts of the South (BeringerRead MoreEuropean Attitudes Towards The American Civil War1672 Words à |à 7 Pageswar s ultimate outcome (Randall and Donald 355). Throughout the early months of the conflict, the reaction of Europe was of great interest to both sides; Queen Victoria s Great Britain, in particular. Would Queen Victoria recognize Confederate independence? Such recognition would legitimize the Confederacy and provide it with allies who could furnish weapons and supplies the Southern cause desperately needed (Davis 197). At the outbreak of the war, most foreigners were poorly informed about AmericaRead MoreSports17369 Words à |à 70 PagesIntroduction Conceived as a supplement to Sportscasters/Sportscasting: Principles and Practices, this collection of exercises adds to the pedagogical mix. Following the outline of a broad approach to understanding the topicââ¬âwhich includes the history, economics, audience, media, sociology, practicality, and future concerns of sports and sportscasting, it has this general outline: Chapter l. Introduction to the study of sportscasters and sportscasting Chapter 2. The historical development of sportsRead MoreSports17363 Words à |à 70 Pages Introduction Conceived as a supplement to Sportscasters/Sportscasting: Principles and Practices, this collection of exercises adds to the pedagogical mix. Following the outline of a broad approach to understanding the topicââ¬âwhich includes the history, economics, audience, media, sociology, practicality, and future concerns of sports and sportscasting, it has this general outline: Chapter l. Introduction to the study of sportscasters and sportscasting Chapter 2. The historical development of sportsRead MoreBest article11361 Words à |à 46 Pagesos t rP CASE: HR-1A DATE: 1995 (REVââ¬â¢D. 04/05/06) SOUTHWEST AIRLINES (A) yo ââ¬Å"The workforce is dedicated to the company. Theyââ¬â¢re Moonies basically. Thatââ¬â¢s the way they 1 operate.â⬠ââ¬âEdward J. Starkman, Airline Analyst, PaineWebber op Ann Rhoades, vice president of people for Southwest Airlines, was packing her briefcase at the end of a 17-hour day. Tomorrow was an off-site meeting with the top nine executives of Southwest Airlines. The agenda for the meeting was to reviewRead MoreMarketing Literature Review11908 Words à |à 48 Pagesidentifying number. Cross-references appear immediately under each subject heading. The following article abstracts are available online from the ABI/INFORM database, which is published and copyrighted by UMI. For additional information about access to the database or about obtaining photocopies of the articles abstracted here, please call (800) 626-2823 or write to UMI, 300 N. Zeeb Rd., Ann Arbor, MI 48106. SUBJECT HEADINGS 1. THE 1.1 1.2 1.3 MARKETING ENVIRONMENT Consumer Behavior Legal, Political, andRead MoreInformation Technology Implementation Issues: an Analysis45771 Words à |à 184 Pagesgovernment executives with regard to IT implementation; a comprehensive view of the overriding problems associated with the IT development and deployment process in local government; descriptive data revealing local government executiveââ¬â¢s perceptions about the issues surrounding IT development processes; and a basis for development of an IT implementation framework for local government. Each of these provisions is integral to developing a comprehensive understanding of the problems associated with theRead MoreGame Theory and Economic Analyst83847 Words à |à 336 Pagesparticular branch of the theory, the evolution of one of its concepts, or a problem that runs through its development. Others are original pieces of work that are signiï ¬ cant to game theory as a whole. After taking the reader through a concise history of game theory, the contributors discuss such topics as: â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ the connections between Von Neumannââ¬â¢s mathematical game theory and the domain assigned to it today since Nash the strategic use of information by game players the problemRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words à |à 1573 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturersRead MoreStrategic Marketing Management337596 Words à |à 1351 Pageswhat within this book we refer to as ââ¬Ëthe new consumerââ¬â¢ and ââ¬Ëthe new competitionââ¬â¢. This new consumer is typically far more demanding, far more discriminating, much less loyal and more willing to complain than in the past, whilst xii P R E FA C E the new competition is frequently far less predictable and often more desperate than previously. At the same time, the marketing environment has also been affected by a series of unpredictable events (SARS and the Iraq war are just two of the more
Sunday, December 15, 2019
Tourism of Hungary Free Essays
After the turn of the century tourism of Hungary was not considerable. The only destinations were the capital, some more famous provincial towns and spas. In the years after the World War I tourism of the country regressed. We will write a custom essay sample on Tourism of Hungary or any similar topic only for you Order Now The conscious expansion of tourism began in 1920. Between the two World Wars Budapest had significant tourism traffic, Lake Balaton, mountains of Matra and Bukk, Danube Bend, certain provincial towns and villages, which were rich in folk art values, were important destinations. After World War II the international tourism reduced to a minimum in our country. However, in this time the inland tourism started to increase quickly. In 1960, as the political atmosphere eased, the number of foreign tourists grew. At first the most of these tourists came from the socialist countries. After the 1990ââ¬â¢s the number of foreign tourists approached 40 million. It goes without saying that Lake Balaton was a remarkable attraction among German tourists because its closeness and cheapness in comparision with the seaside. But this meant incomeonly in the summer for Hungarian tourism. Nowadays, in any periods of the year, who comes here can find various pastimes to their taste. Hungary is exuberant in thermal and curative wells, due to that in the recent years the number of wellness hotels raised. These attracts mainly adults and families with children. Lately Hungary became a popular destination among young people because of countless festivals organized in the country, such as VOLT and Sziget Festival which are visited by people from all around the world. In the section of cultural tourism should be mentioned the outstanding Hungarian theaters and the world-famed Ballet Association of Gyor. For any age-groups can be luring the innumerable natural beauties, landscapes and attractions which are parts of the World Heritage. There are variant areas that delights everyoneââ¬â¢s eyes with its folklore. The most independent activity from weather is sightseeing. Still the most beloved city of Hungary is Budapest, but other cities and towns such as DebrecenGyor and Pecs are becoming more popular day by day. By the way Pecs is going to be the cultural capital of Europe in 2010. Last but not least we can not forget about Hungarian gastronomy, the delicious dishes and the prominent wines of Tokaj wine-district. How to cite Tourism of Hungary, Papers
Saturday, December 7, 2019
Determine the Tax Implications Tom Ltd
Question: Discuss about the Determine the Tax Implications Tom Ltd. Answer: Major Facts Tom Ltd is an Australian company which is involved in the business of selling clothes. Following transactions have taken place. Stock worth $180,000 has been purchased for the year $ 10,000 has been paid as bonus to the CEO of the company A customer who had purchased the goods on credit has defaulted with an outstanding balance of $ 10,000. Legal fees to the tune of $ 30,000 has been incurred for protection of business interests The company has received fully franked dividends to the extent of $ 35,000 while the company has paid fully franked dividends to the shareholders to the extent of $ 280,000. Issue To determine the tax implications of the various transactions underwent by Tom Ltd as highlighted above. Relevant Law A company which is incorporated in Australia is considered a tax resident of Australia. For a cloth company, the total change in stock tends to highlight the use of trading stock which would be deductible as highlighted in Section 8(1), ITAA 1997[1]. Salary and related expenses for employees are also required to derive income from running the business and hence would be deductible as highlighted in Section 8(1), ITAA 1997 and TR 98/6[2]. As per s. 63(1) , ITAA 1936 and tax ruling IT 92/18, bad debt expense is debt deductible only if previously it has been included as assessable income[3]. In accordance with ATO ID 2003/145 and s. 8-1, ITAA 1997, legal expenses related to rights and damages are not tax deductible and instead in accordance with s. 108-5, contribute to the capital base of the business[4]. With regards to fully franked dividends, the franking credit would be added to the taxable income but the deduction to the same amount can be made from the tax payable as per ATO 2012/5[5]. Application Conclusion The trading stock that would be used would be the cost of raw material used and deductible from the income for tax purposes. Trading stock used = Beginning stock + Purchases Ending stock = 120000 + 180000 -160000 = $ 140,000 The bonus paid to the CEO to the tune of $10,000 is deductible under s. 8-1. The bad debt would have been initially recognized as income on account of accrual system and thus contributed to assessable income in the past. As a result, this would be tax deductible. The legal expenses would not be tax deductible but would enhance the cost base of the asset in line with s.108-5. Dividend income received = $ 35,000 Franking credit = (30/70)*35,000 = $ 9.000 Hence, total taxable income on account of dividend = 35000 + 9000 = $ 44,000 Dividend paid = $ 280,000 Franking debit = (30/70)*280000 = $ 120,000 Thus, net balance of the franking account = 9000 120000 = -$ 111,000 Already, a tax in this regard of 15,000 has been made and thus $ 96,000 more would be need to be paid to the ATO. References Frank, Gilders, et. al., Understanding taxation law 2015. (LexisNexis, Butterworths 2015) Kerrie, Sadiq, et. al., Principles of Taxation Law 2015, (Pymont,Thomson Reuters, 2015) Robert, Deutsch, et. al., Australian tax handbook. (Pymont, Thomson Reuters, 2015) Stephen, Barkoczy,Foundation of Taxation Law 2015, (North Ryde, CCH, 2015) Gilders, Frank, et. al., Understanding taxation law 2015. (LexisNexis, Butterworths 2015), 77 Ibid. 78 Sadiq, Kerrie, et. al., Principles of Taxation Law 2015, (Pymont,Thomson Reuters, 2015), 103 Barkoczy,Stephen, Foundation of Taxation Law 2015, (North Ryde, CCH, 2015), 69-70 Deutsch, Robert, et. al., Australian tax handbook. (Pymont, Thomson Reuters, 2015), 135
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