Effort: ~2 hrs · Fee: $400 ex GST · Finding bonus: $100 per accepted defect, graded (wrong figure in scope / silent default / missing refusal / documentation)
Provisions
ss 104-10(1), (3), (4); 116-20, 116-30(1), (2); 110-25, 110-35, 110-45(2), 110-55, 112-20, 103-30; 108-17, 108-30 (third element excluded for collectables and personal use assets).
Rules and scenarios to trace
Rules: knowledge base Parts A (income year), D (proceeds) and E (cost base).
Scenarios: s1, s3, s13 (nil and one dollar; the s 110-45(2) deduction strip), s15 (market value substitution), s16 (GST and property proceeds), s25 (year boundary), s50 (ownership costs boundary), s55/s56 (nil proceeds), s42–s47 (missing inputs).
What we most want
- Is the s 110-45(2) treatment right for post-13 May 1997 acquisitions, and is the s 110-55(4) treatment right for the reduced cost base?
- s 116-30(1): confirm the market-value substitution wording (open question Q9).
- Q5: is the fourth element excluded for collectables and personal use assets, or only the third?
- Q16: cost base is keyed on the asset, not the disposal; state whether that matters for any in-scope fact pattern.
Common to every family page
- File:
cgt_a1.lev1.2, SHA-2563cdb679a…2ad00, reasoner LogicalEnglish2bc5cb5d1…, SWI-Prolog 9.0.4. 114 rules, 62 fictional scenarios, 163 embedded tests, every expected figure worked by hand from the Act above its scenario. No software to run. - Reviewer pack:
COVER_NOTE.md,HOW_TO_READ.md,VERDICT_FORM.mdv1.2.1 (fill in only the rows for your family plus §3, §11 and §12),open_questions.md,scenario_table.md, and the canonicalcgt_a1.le. - Paid for the review whatever you find. A clean family earns the same as one with three defects; an accepted defect earns the finding bonus on top. Paid whether or not you sign.
- Status shown on the file: ◻ unreviewed until signatures exist on this hash (see 14f).
- Out of scope (the file refuses these with a reason): main residence, Div 152, roll-overs, deceased estates, foreign residents at the event, indexation, events other than A1, K7, Subdiv 115-C, life insurance companies, pre-9 May 2012 foreign residency periods, substituted accounting periods, leases granted.
- Attestation and signature: §11 (your own judgement; AI use disclosed) and §12 (do you sign this hash for the scope in its header: yes / no / yes once findings N–M are fixed). A “yes” from a family reviewer is recorded as a signature for the whole file, so answer §12 only if you have read the whole file; otherwise answer “no” and consider 14f.
How we work
Rules, models and human judgement — how LodgeiT writes tax law as Logical English. This is a rule-review bounty, like Bounties #11 and #12: you check the law written out as rules, not a calculator, and tell us whether we stated it correctly. No software to install.
Your deliverable
The filled-in VERDICT_FORM.md (v1.2.1) — complete the row(s) for this family in §2, plus §3 (break-it), §11 (attestation) and §12 (signature) — attached to an email to support@lodgeit.net.au. Free-form prose is equally acceptable. §12 is a separate act from the verdict, and you are paid for the review whatever you answer there.