Question: Indicate whether the statement below is TRUE or FALSE and include a brief explanation for your answer. Where possible, refer to a source of law.

Indicate whether the statement below is TRUE or FALSE and include a brief explanation for your answer. Where possible, refer to a source of law. For the purpose of the general deduction provision in ITAA97, the meaning of private or domestic can be understood by reading the relevant section, without the need to refer to any other source of law.

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