Published on 01 Aug 99
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
It is clear that a taxpayer will not be denied a deduction for interest simply because the business to which the borrowing relates has ceased. This article give a warning about time lag.
Annamaria is a Senior Tax Writer with ATP. She has 20 years experience in tax, spanning publishing, the ATO, commerce and the tax profession. Annamaria has been involved in formal liaison with the ATO and Treasury on a number of Committees including the Consolidation Joint Design Team. She has recently published a textbook on 'Consolidations - The Adviser's Guide' and has addressed a number of forums on consolidations.
- Current at
15 September 2017