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Joint professional body submission on the draft tax determination TD 2006/D11

Published on 31 Mar 06 by THE TAX INSTITUTE

A joint professional body submission sent to the ATO on the draft tax determination TD 2006/D11 income tax: does s 40-230(1) of the ITAA 1997 reduce the first element of the cost of a car designed mainly for carrying passengers by the amount of any input tax credit the taxpayer is or becomes entitled to for the acquisition or importation of the car before the car limit is applied?

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

TAXATION INSTITUTE OF AUSTRALIA
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ICAA
Current at 19 November 2004

CPA AUSTRALIA
Current at 19 November 2004

 

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