ITAA 1997 s 70-45

Valuing trading stock for retailers and wholesalers

Income tax: under what circumstances is an average cost method acceptable in determining cost price of newsprint for closing stock valuation?

Income tax: when can a taxpayer elect to use replacement value for valuation of trading stock under section 70-45 of the Income Tax Assessment Act 1997 ?

Income tax: trading stock of gold miners: what is the application of section 70-50 of the Income Tax Assessment Act 1997 to the low grade ore stocks where the notional market selling value is below cost?

Income tax: banana growers - what expenses should be included in a valuation at cost of trading stock on hand at the end of the income year under section 70-45 of the Income Tax Assessment Act 1997 ?

Income tax : motor vehicle dealers : valuation of stock on hand : motor vehicles traded in

Income tax: sale of wool

Income tax: miscellaneous trading stock issues affecting the general mining, petroleum mining and quarrying industries

Income tax: exchange of shares in Suncorp-Metway Limited for shares in Suncorp Group Limited

Income tax: the cost basis of valuing trading stock for taxpayers in the retail and wholesale industries

Income tax: miscellaneous trading stock issues affecting the general mining, petroleum mining and quarrying industries

Income tax: 1. are live pearl oysters (Pinctada maxima) used in a business of pearl culture, trading stock for the purposes of Income Tax Assessment Act 1936? 2. What is the value to be allocated to live pearl oysters used in a business of pearl culture pursuant to section 32?