Published on 01 Sep 06
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Shares are often issued as consideration in asset sale and purchase agreements. This article demonstrates that unless the consideration is also stated in monetary terms, the purchaser is at risk of not being able to claim a deduction for the outlay.
Alison is a Special Counsel at Corrs Chambers Westgarth.
- Current at
01 September 2005