Published on 10 Aug 01
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
This seminar paper discusses Black Hole expenditure. This expenditure is incurred in a business context for which there is no tax relief either by way of deduction (immediate or over time) or capital loss.
Tony is a Partner in the Australian Research & Development Tax Concession practice of PricewaterhouseCoopers based in Melbourne. He is a chartered accountant with over 35 years experience in income tax.
- Current at
05 November 2010