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03 May 07 Bees in honey production business are livestock - TD 2007/D7

This draft Taxation Determination was released on 2 May 2007 for public comment by 1 June 2007. Its full title is "Income tax: are bees kept for use in a honey production business trading stock as defined in s 70-10 of ITAA 1997?" The answer given is Yes.

For a copy of TD 2007/D7, go here

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