ESSAY ON: Australian Tax Issues; Ordinary Income and Capital Gains

Number of Pages 6

This research paper: This 6 page paper considers a case provided b the student. The first question assesses if income due under a contract annually for three years will be classified as ordinary income or a capital gain. The second question then considers how it may be classified as a capital gain and which concessions may be claimed if this is undertaken by a small business. The bibliography cites 5 sources.


File: TS14_TEauordin.rtf


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