Miscellaneous 2000

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

Source: Taxation In Australia Journal Article

Published Date: 1 Mar 2000

 
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

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