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Tax tips: Division 7A and COVID-19

Published on 01 Sep 20 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

A procedure is in place to obtain an extension of time where the minimum 2019-20 annual repayment under a complying Div 7A loan agreement was not made because of COVID-19.

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John Gaal
TaxCounsel is a niche tax publisher which provides comprehensive and practical guidance to practitioners on important matters affecting their clients. The company was formed by John Gaal, who for over 30 years, has written extensively on a wide range of taxation matters for a number of publishers including the Taxation Institute of Australia. - Current at 22 October 2020
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