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Tax Tips: Taxation Indemnities

Published on 01 Mar 02 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

There are a number of circumstances that can arise in practice where a taxation indemnity will be called for. The decision of the NEW Supreme Court in CBA Investments Ltd v Northern Star Ltd & Ors [2001] NSWSC 465 illustrates some of the pitfalls in relation to indemnities.

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