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Joint Submission on Draft Taxation Determination TD98/D6 Novated Car Lease Arrangements

Published on 01 Aug 98 by THE TAX INSTITUTE

The professional bodies submit strongly that TD98/D6 needs to be amended because in our view it is at odds with previous Australian Taxation Office (ATO) practice and general commercial understanding, and its technical basis is not correct in a number of respects. We also make various suggestions for a simplified administrative process in respect of TD98/D6

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INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA

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TAXATION INSTITUTE OF AUSTRALIA

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LAW COUNCIL OF AUSTRALIA

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AUSTRALIAN SOCIETY OF CERTIFIED PRACTISING ACCOUNTANTS

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