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Write a response to the following statement: Determining when a business has commenced is a question of fact and degree. When a taxpayer is engaged
Write a response to the following statement: Determining when a business has commenced is a question of fact and degree.
When a taxpayer is engaged in only preparatory activities, a business will not have commenced. Explain how the courts have distinguished between activities that are preparation for business as compared to actual business, with reference to relevant case law.
When a taxpayer is engaged in only preparatory activities, a business will not have commenced. Explain how the courts have distinguished between activities that are preparation for business as compared to actual business, with reference to relevant case law.
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Determining the commencement of a business indeed hinges on factual circumstances and a degree of judgment The distinction between preparatory activit...
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Labor and Employment Law Text and Cases
Authors: David Twomey
15th edition
1133188281, 978-1133711841, 1133711847, 978-1285247632, 978-1133188285
