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Steele's case - the saga continues ... : a synopsis of the High Court decision

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Published on 01 Apr 99 by "THE TAX SPECIALIST" JOURNAL ARTICLE

In a welcome decision for taxpayers, the High Court has held that interest outgoings should not be disallowed on the basis that the interest is of a capital nature. Mrs Steele's representative, Rob O'Connor, writes that the reasons for judgment would have been more helpful if some crucial issues had been further developed.

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Rob O'CONNOR
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