Question: For property purchased after 2 0 August 1 9 9 1 but before 1 3 May 1 9 9 7 , which of the following
For property purchased after August but before May which of the following must be taking into consideration when calculating the cost base?
Acquisition costs
Incidental costs of acquiring or disposing of the asset
Unclaimed costs of ownership interest rates, insurance etc
Improvements to the asset
Building cost writeoff amounts that have been claimed as a tax deduction for the original construction cost of the asset.
Building cost writeoff amounts that have been claimed as a tax deduction for improvements to the asset made on or before June
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