Registered AITI Tax Qualification Info and Questions

Anneb158 · 31-12-2013 06:48PM

I did only short piece on SWco, I explained the gain that would arise, then said 626b applied,

Triapin · 31-12-2013 08:16PM

Anneb158 wrote: »

I did only short piece on SWco, I explained the gain that would arise, then said 626b applied,

Hi Anne,

How did you justify that SWCo met the trading criteria in s626B?

NewApproach · 31-12-2013 11:00PM

Are you going into any detail on the tax implications for the Cork holding company and GFL's shareholders? I have not but I wonder is some commentary expected?

Anneb158 · 01-01-2014 09:25PM

I

cfd · 02-01-2014 11:52AM

Bar the issue of the losses, I'm finding that I'm discussing a lot of the same issues re Share Purchase v Asset Purchase on the second part of the question on GFL. anyone else finding this or am I missing something? Have found this assignment a bit of a nightmare!!!

deruler · 02-01-2014 03:04PM

Not sure about 626B for SWCo as i dont think its carrying on a trade, its only a software development company?

Anneb158 · 02-01-2014 03:34PM

I allowed it as the group as a whole is wholly trading

Anneb158 · 02-01-2014 03:34PM

I could be wrong!!

deruler · 02-01-2014 03:44PM

looks like you are right....

Anneb158 · 02-01-2014 03:46PM

Yeah,, I think spotting that the group is wholly trading is the red herring in that one as we will either say no it not trading company or just say it fulfils 626b cond without saying that swco not trading but group is

Anneb158 · 02-01-2014 03:46PM

Are you only doing assignment today will you get it in by midnight

deruler · 02-01-2014 03:55PM

I have the CSL part done, I have most of the GFL part done and am just doing SWCo now, then the executive summary ... should have it done by midnight.. yourself?

Anneb158 · 02-01-2014 03:57PM

I Have submitted it, but I keeping eye on here incase anything poops up that I have over looked as still time to improve, I reckon I have gotten the 50 marks to pass on it, hopefully I will get 10%, will be happy with that

NewApproach · 02-01-2014 06:06PM

I assume an executive summary is just a condensed version of the file note, giving the results of our analysis to CF team and a conclusion?

Anneb158 · 02-01-2014 06:17PM

I googled it and got different methods etc, it is just a summary but they give different guidelines so look it up and see what suits you best, it only about 10th of the file note

Szewinska · 02-01-2014 09:19PM

how does the marking scheme work? If you get say 25% in the assignment is that 25% of the 15% you get. Cheers

dustyrip · 06-01-2014 01:12PM

Szewinska wrote: »

how does the marking scheme work? If you get say 25% in the assignment is that 25% of the 15% you get. Cheers

Yes if you get 50% in the Assignment that means you get 7.5% out of the 15% available, which leaves you to get 42.5% out of the remaining 85% in May.

Was any of that Assignment covered in the lectures?!!

Szewinska · 06-01-2014 05:48PM

dustyrip wrote: »

Yes if you get 50% in the Assignment that means you get 7.5% out of the 15% available, which leaves you to get 42.5% out of the remaining 85% in May.

Was any of that Assignment covered in the lectures?!!

sound thanks.

I dont know what was covered in the lectures.

TaxStudent · 10-01-2014 07:12PM

Szewinska wrote: »

sound thanks.

I dont know what was covered in the lectures.

Be careful... We were contacted last term on here and told not to be discussing the home assignment... But sure what can they do really ha

Spanish Eyes · 10-01-2014 07:31PM

I have a tax and legal background and I am getting a bit older and more doddery now.

But I have to say I found the Capital taxes, particularly CAT total buggers in my time!

I suppose business and personal taxes are happening every day, whereas....events dear boy, events!

I wish you all the luck in the world. It's fantastic to see the commitment of you all to a very tough course.

Mr. Incognito · 11-01-2014 02:55PM

TaxStudent wrote: »

Be careful... We were contacted last term on here and told not to be discussing the home assignment... But sure what can they do really ha

By who??

No one identified themselves to me as Institute members

Can you let me know how this was communicated?

Uncle Mclovin · 13-01-2014 08:38PM

Any idea when the results of the home assignment will be up on Blackboard?

satnavadays · 13-01-2014 08:46PM

Results for assignment and the exam will be released on 3rd March

Uncle Mclovin · 13-01-2014 09:22PM

Thanks. I saw that date on the website but I was thinking that it was the date for the results of the interim exam.

dustyrip · 15-01-2014 06:11PM

Is the Part 3 Interim Exam on the 25th open book? Its just that Chapter 4 on Pensions is being examined this year and this area is vast!

Friendpatine · 16-01-2014 06:18PM

Hey all, I'm hoping to do part 2 in April 2014 and i'm just wondering is it possible to get the course material anywhere before hand? Just to get started studying early.

Can they be bought second hand or off Aiti themselves without paying all the fee's straight away?

Gael23 · 21-01-2014 12:29PM

Do firms have to offer study leave with the CTA Qualification or is it discretionary?

crazylikeme · 25-01-2014 09:39PM

Hi. I macked up today. I sat my assesment today, but instead answering question 1 on one booklet and question on another booklet, I answered both the questions in the one booklet. I am really worried if my assesment will get correctly marked now. The invigilator was cranky so and so and told my that my question 2 answer will be ignored. I am really worried as I have done a lot of work for this CA and can't believe that it would really not get marked... anyone? please put my mind at rest. Surely this must have happened before.

Anneb158 · 26-01-2014 01:12PM

What part A did you sit ?

dustyrip · 26-01-2014 02:33PM

How did people find it?

I wasn't sure on the overseas pension or the permanent establishment. I ended up going with member migrant relief for the pension S787M and s787N and said that it wasn't a permanent establishment as she was just doing market research and wasn't concluding upon contracts in Ireland.

Overall I didn't think it was as confusing a paper as some of the previous past papers.

Registered AITI Tax Qualification Info and Questions

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