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Deductibility of interest in development projects - Steele v Commissioner of Taxation
Published on 28 May 97 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
This discussion concerns the deductibility of interest incurred by a taxpayer on funds borrowed to purchase a property to be used in the development project, with the interest incurred before the development project becomes income producing.
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Deductibility of interest in development projects
Author(s): Rob O'CONNORMaterials from this session:
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