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Jessica is also currently licencing a procedure she developed to GlobHeartz Ltd. for a fixed fee (royalties) of $10,000 per month, GlobHeartz then licences the

Jessica is also currently licencing a procedure she developed to GlobHeartz Ltd. for a fixed fee (royalties) of $10,000 per month, GlobHeartz then licences the right to use the procedure to several hospitals. She is interested to know how these payments might be assessed for tax purposes in Australia

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