Interactive Revision · Chapter 5
Chapter 5: Returns from Property, Compensation Receipts and Periodicity Click a square and type one letter. Select Check answers . Correct letters turn green with ✓; incorrect letters turn red with ✕. Change any red letter and check again. The answer key is on a separate page.
Across 2. Recurring flow of receipts.10. Authority on compensation and revenue/capital character.12. Authority relevant to characterisation of compensation.13. Character contrasted with revenue or ordinary income.14. Regular recurrence supporting an income character.15. Return on debt or use of money.18. Authority on undissected compensation payments.Down 1. Return from granting use of property.2. Property or legal right producing the return.3. Receipt whose character generally follows what it replaces.4. Company payment potentially within ss 44-47 ITAA36.5. Compensation is characterised by the item or right replaced.6. Upfront lease-related receipt requiring specific statutory analysis.7. Transfer of a right to future income requiring character analysis.8. Distribution by a company subject to statutory rules.9. Periodic payment with statutory treatment.11. Authority concerning compensation replacing a capital asset or structure.14. Authority relevant to rent/property receipts.16. Payment for use of intellectual or other property.17. Lump sum connected with grant or variation of lease rights.Taxation Law in Australia • Interactive Revision • JUNIQ