if tax law partnership under s995-1 ITAA97: (a) Partnership T: general law partnership 10 taxation...

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if tax law partnership under s995-1 ITAA97: (a) Partnership T: general law partnership 10 taxation law partnership is WF taxation law partnership General law partnership facts in the background. EXTE Section 5 of the Partnership Act 1958: TR94/8 provides the factors in deciding whether a partnership exists between two or more persons: According to the background, Mrs Kylie and her husband does not have written partnership agreement. Besides, the business receipts are all recorded solely under her name. 5 business. These are less likely to be satisfy for the requirement of a general law partnership under TR94/8. which means that they do not form a general law partnership. However, they are jointly in receipt of the business income under 5995 -1 ITAA97 when the wife deposited the business receipt into their joint bank account and the receipts are used for their household and business purpose. if tax law partnership under s995-1 ITAA97: (a) Partnership T: general law partnership 10 taxation law partnership is WF taxation law partnership General law partnership facts in the background. EXTE Section 5 of the Partnership Act 1958: TR94/8 provides the factors in deciding whether a partnership exists between two or more persons: According to the background, Mrs Kylie and her husband does not have written partnership agreement. Besides, the business receipts are all recorded solely under her name. 5 business. These are less likely to be satisfy for the requirement of a general law partnership under TR94/8. which means that they do not form a general law partnership. However, they are jointly in receipt of the business income under 5995 -1 ITAA97 when the wife deposited the business receipt into their joint bank account and the receipts are used for their household and business purpose

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