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Revenue v capital issue: taxpayer's successful indemnity claim breaks drought

Published on 01 Apr 99 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

A decision that deductions could be claimed under either limb of s.51(1) can help taxpayers who have provided a once off indemnity to a subsidiary.

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Tricia HO
Current at 19 November 2004 Click here to expand/collapse more articles by Tricia HO.
 

 

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