Q&A: Taxation of Foreign Exchange Gains and Losses - The New Rules Part I
Source: Taxation In Australia Journal Article
Published Date: 1 Feb 2004
In an attempt to clarify the law, discrete provisions have been added to the tax legislation.
In this article, we summarise the basic rules of forex recognition. Part 2 of this series, published in the March 2004 edition of Taxation in Australia, examines some of the variations, concessions and transitional rules that have been introduced.
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- Published By: Andy Milidoni, Michael Parker CTA
- Published On:1 Feb 2004
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