ITAA 1997 s 70-C

Income tax: can freshwater crayfish be trading stock and, if so, can you use a reasonable estimate of the number of freshwater crayfish to value them under Subdivision 70-C of the Income Tax Assessment Act 1997 ?

Income tax: tax treatment of long term construction contracts

Income tax: sale of wool

Value of livestock to be included in assessable income at date of death of taxpayer

Trading stock: residential properties instalment sales contracts - stock on hand

Derivation of income: residential properties instalment sales contracts - carrying on a business

Assessable income: instalment sales contracts - default profits - carrying on a business

Allowable deduction: instalment sales contract - payment to vacate on default

Income tax: tax treatment of long term construction contracts

Income tax: Simplified Tax System (STS): trading stock rules - STS taxpayers that elect to treat trading stock as disposed of at a closing value, other than market value