Deductions capital/revenue Tim owns a business in Otago that distributes quality food products to local and export
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Question:
For each of the items advise Tim what deductions (if any) could be claimed in respect of the above expenditure for the year ending 31 March 2021. Support your answer with references to the Income Tax Act 2007 and the general permission, the general limitation and any specific rules as necessary and appropriate case law.
Related Book For
Fundamentals of Law Office Management
ISBN: 978-1133280842
5th edition
Authors: Pamela Everett Nollkamper
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