Legislation

ITAA 1997 s 394, may nonetheless still be deductible under section 8-1

ATO documents that consider ITAA 1997 s 394, may nonetheless still be deductible under section 8-1

1 document

TD 2009/D14 (Finalised)replacedTD · 2009

Income tax: does failure to plant all the trees intended to be established under a forestry managed investment scheme covered by Division 394 of the Income Tax Assessment Act 1997 mean that no deduction is allowable under Division 394 in respect of a participant's initial contribution to the scheme?