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Tax reform: "Pro bono" work - how is it affected by the GST

Published on 01 Mar 00 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Many professional firms, such as law and accountign firms, regularly do work for clients, employees and friends at no charge, or for a discounted fee. With the introduction of GST there may be a tax effect. In some cases it may prove to be uneconomical to continue this practice.

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Greg CAMILOS
Current at 19 November 2004
 

 

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