Henry told us in his guide to the Institutional Framework of Taxation in Australia that the Australian Taxation System is one of the most complex in the world and is made up of approximately 125 taxes including taxes such as Income Tax, Capital Gains Tax, Fringe Benefits Tax and Goods and Services Tax just to name a few. He also mentioned that there are many different organisations that play different and varied roles within this system to ensure its integrity and all Australians are equally treated with equity. The Australian Taxation System is embedded in the way of life for all Australian taxpayers, we pay tax on our income, we pay tax when we purchase goods and use services, we pay tax when we sell assets and this is just to name a few. It is important that you as a future tax professional understand how this system impacts on yourself and those around you and this can be seen from paying attention to media reports. This assessment is in two parts – Part One You are required from week 1 to week 10 to review Australian newspapers such as the West Australian, Financial Review, The Australian, Sunday Times and various others for articles on Australian Tax. You need to find 20 articles which will be handed in with your assignment. If you do not have access to Australian Newspapers for examples you are an overseas student or have financial issues then you may use the Factiva Database within the Curtin Library. A factsheet on how to use this database in attached. 5 marks will be allocated for this task if you provide the 20 articles. Part Two After spending 10 weeks reading newspapers on the Australian Taxation System, you should have started to develop your own view of the system and how the system is used for different purposes. For example many consider that it is used as a political tool by governments and other political parties, that it is far too complex and the average Australian does not fully understand their taxation obligations, that the organisations that are responsible for administrating the system are overloaded already. Whilst others have a strong view that the system is one of the best in the world and that its function is to raise money for public goods and without tax we do not have a civilised society. These are just a few observations and there are many more and if you speak to a number of different people you will get very wide ranging opinions. The requirements of the assignment for part two is to produce a 1000 to 1500 word essay on your opinion of the Australian Taxation System which is based on your findings from the Australian newspapers and any other research you may want to undertake, please do not just provide a summary of the articles you have included in Part 1