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Massive Pty Ltd is a medium sized business entity with annual turnover of $ 9 0 million. On 1 July Massive purchased a large industrial
Massive Pty Ltd is a medium sized business entity with annual turnover of $ million. On July Massive purchased a large industrial machine for $ The machine is expected to have an effective life of years. What deduction is allowed for the purchase of this large industrial machine in the current tax year?
Question Answer
a
$
b
$
c
$
d
$
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