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Australian Taxation law ( Deduction) – Assignment Online | GET A CUSTOM WRITTEN PAPER

Advise tax consequences of the above facts in the case study, referring to appropriate legislation and case law.important legislationINCOME TAX ASSESSMENT ACT 1997Division 25–Some amounts you can deductDivision 26–Some amounts you cannot deduct, or cannot deduct in fullDivision 40–Capital allowancesDivision 43–Deductions for capital worksITAA 1997 s8.text book:  Sadiq K. (general editor) 2018, Principles of Taxation Law, Thomson Reuters, Sydney.Details regarding assessment is attached below

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