Explain why a tax offset is a much more effective way than tax deductions to reduce an
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Explain why a tax offset is a much more effective way than tax deductions to reduce an overall tax bill
Discuss the following comment The source of the funds rather than the use the funds are put to determine whether the interest paid on a loan is tax-deductible. As a result, it is only possible to claim interest deductions on loans from banks as they are in the business of making loans.
Explain why the interest paid on a loan to purchase a vacant block of land is not tax-deductible and must be included in the cost base, whereas interest on a loan to purchase a rental is deductible and cannot be included in the cost base.
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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