Published on 07 Feb 05
by THE TAX INSTITUTE
Joint submission from CPA Australia, Institute of Chartered Accountants in Australia, Taxation Institute of Australia, Taxpayers Australia regarding TD 2004/D85 Income tax: consolidation: can the head company of a consolidated group claim a deduction, under section 8-1 or section 25-95 of the Income Tax Assessment Act 1997, for the tax cost setting amount of partly performed work which has not yet given rise to a recoverable debt?
INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA
TAXATION INSTITUTE OF AUSTRALIA