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Tax Law Improvement Bill, 1996 (TLIB) Depreciation, Car Leasing, and Primary Production

Published on 07 Feb 96 by THE TAX INSTITUTE

The following joint response is made to the proposed provisions in the TLIB replacing the existing depreciation provisions and Section 26AAB as well as certain aspects of the primary production provisions. This submission considers a range of issues implicit in the TLIB including some possible drafting issues

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TAXATION INSTITUTE OF AUSTRALIA

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INSTITUTE OF CHARTERED ACCOUNTANTS

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AUSTRALIAN SOCIETY OF CERTIFIED PRACTISING ACCOUNTANTS

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