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The Mabo decision: Part 1 - Can mining companies claim a deduction for contesting Native Title Claims over land?

Published on 01 Apr 99 by "THE TAX SPECIALIST" JOURNAL ARTICLE

Large expenses are incurred by mining companies in negotiating agreements with native title holders and in resisting and dealing with claims. This article looks at the deductibility of native title expenses, and considers whether they form part of the cost base of the relevant asset for CGT purposes.

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Warren BLACK
Current at 24 May 2009 Click here to expand/collapse more articles by Warren BLACK.
 

 

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