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  Trusts 2002

Tax Tips: Round Robin Transactions

Source: Taxation In Australia Journal Article

Published Date: 1 Jun 2002

 
From time to time practitioners are confronted with the situation where it is proposed that there be a round robin or exchange of cheques or other bills of exchange to effect a transaction, often where the drawers of the several cheques or other bills of exchange do not have the necessary funds in their accounts.

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  • Published On:1 Jun 2002

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