Published on 12 Mar 04
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
The bringing to account of primary production income for tax purposes is not as easy as may first appear. This seminar paper analyses when certain types of income are assessable. In particular, the types of income that can sometimes be treated incorrectly include:
- income from the Wheat and Barley Boards
- grape receipts
- wool income
- interaction with STS.