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Which of the following statements is correct regarding uncommercial activities? ( 1 ) 0 : 2 5 : 4 9 Which of the following statements
Which of the following statements is correct regarding uncommercial activities?
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Which of the following statements is correct regarding uncommercial activities?
a Primary producers with small amounts of income are automatically uncommercil activities.
b Division now sets a number of tests, one of which must be satisfied in order for a business to qualify as an actual business which is eligible for business deductions.
c Negative gearing on commercial property is considered to be an uncommercial activity and disallowed.
d An artist or performer earning small amounts of income is determined under Div to be engaged in an uncommercial activity.
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