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24 Sep 09 Addendum to TD 92/156 (trading stock and newsprint)

On 23 September 2009, the ATO issued an Addendum to Taxation Determination 92/156 (Income tax: do the trading stock provisions apply to newsprint held by a taxpayer carrying on a business of producing newspapers?) The Addendum amends Taxation Determination TD 92/156 to reflect changes to the law resulting from the repeal of inoperative provisions.

For a copy of TD 92/156A1, go here

 


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