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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
- Current at 19 November 2004
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ICAA
- Current at 19 November 2004
CPA AUSTRALIA
- Current at 19 November 2004

 

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