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07 Feb 13 Value of goods taken from stock for private use (2012-13) - TD 2013/3

On 6 February 2013, the ATO issued Taxation Determination TD 2013/3 entitled "Income tax: value of goods taken from stock for private use for the 2012-13 income year".

The Determination provides an update of amounts that the Commissioner will accept as estimates of the value of goods taken from trading stock for private use by taxpayers in named industries.

It was not previously released in draft form.

 


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