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Required: Discuss briefly whether the following amounts are deductible for the taxpayer (citing authority where appropriate) (1 mark each). The taxpayer is a property developer

Required: Discuss briefly whether the following amounts are deductible for the taxpayer (citing authority where appropriate) (1 mark each). The taxpayer is a property developer that pays a bribe of $50,000 to a government official so that the property owned by the developer can be rezoned, meaning that the taxpayer will be able to have apartments built on it

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