Question
A second factory also used in the taxpayers business. It was purchased on 31 March CY at a cost of $1,000,000. Construction had commenced on
A second factory also used in the taxpayer’s business. It was purchased on 31 March CY at a cost of $1,000,000. Construction had commenced on 1 February 1992 at a cost of $890,000.
Calculate the Division 43 deductions which are available to the taxpayer.
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Principles Of Taxation For Business And Investment Planning 2016 Edition
Authors: Sally Jones, Shelley Rhoades Catanach
19th Edition
1259549259, 978-1259618536, 1259618536, 978-1259549250
