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Accounting for tax: Get together (right now) – Ordinary income and Div 7A?

Published on 01 Nov 14 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Division 7A doesn’t necessarily prevail where you have an economic benefit extracted from a private company. The Commissioner can ignore, depending on the circumstances.

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Author Photo - Arthur ATHANASIOU
Arthur ATHANASIOU
Current at 18 January 2012 Click here to expand/collapse more articles by Arthur ATHANASIOU.
 

 

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