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Joint professional body submission on TD 2005/D38

Published on 11 Nov 05 by THE TAX INSTITUTE

A joint professional body submission in relation to the draft tax determination TD 2005/D38 Income tax: foreign exchange: when calculating the amount of any gain or loss on disposal or redemption of a traditional security denominated in a foreign currency should the amount relevant to the calculation be translated (converted) into Australian dollars when each of the relevant events take place?

Author profiles:

NATIONAL INSTITUTE OF ACCOUNTANTS
Current at 19 November 2004
 
TAXPAYERS AUSTRALIA INC
Current at 19 November 2004

TAXATION INSTITUTE OF AUSTRALIA
Current at 19 November 2004 Click here to expand/collapse more articles by TAXATION INSTITUTE OF AUSTRALIA.

ICAA
Current at 19 November 2004

CPA AUSTRALIA
Current at 19 November 2004

 

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