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Section 15-2 of the ITAA97 includes in a taxpayer's assessable income: a. the objective value of certain allowances, gratuities and the like; b. the value
Section 15-2 of the ITAA97 includes in a taxpayer's assessable income:
a. the objective value of certain allowances, gratuities and the like;
b. the value to the provider of certain allowances, gratuities and the like;
c. the value to the taxpayer of certain non-cash benefits;
d. the current market value of non-cash business benefits.
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