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3. For Pt IVA ITAA 36 to apply, which element is critical? a. There must be a taxpayer involved. b. There must be a scheme
3.
For Pt IVA ITAA 36 to apply, which element is critical?
a. There must be a taxpayer involved.
b. There must be a scheme entered into, with sole or dominant purpose of obtaining a tax benefit.
c. There must be a benefit.
d. There must be income or deductions involved.
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