'unigirl' accepts $36,000 for virginity, page-22

The whole transaction requires analysis from a taxation perspective:-

(1) Is GST applicable?

(2) Is there any taxable capital gain?

(3) Is there any rollover relief?

(4) Can depreciation be claimed?

(5) If so, what is the useful life of the asset and should depreciation be straight line or accelerated?

(6) Is there any goodwill and can it be amortised?

(7) At what stage can the asset be written off?