Topics discussed include: whether interest incurred in purchasing an asset before it produces income is a capital nature; the status in Australia of the Privy Council Decision in the Hong Kong Case of Wharf properties; the status in Australia of the PNG Case of Travelodge; deductibility under the first positive limb of Section 51(1); why the High Court remitted Steele's case back to the AAT; implications for property developments; the Commissioner's likely attitude.
Miscellaneous
1999
Steele's case - a synopsis of the High Court decision
Source: South Australia
Published Date: 19 Mar 1999
Details
- Published By: Rob O'Connor
- Published On:19 Mar 1999
- Took place at:Raddisson Playford Hotel, Adelaide
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Tags
Miscellaneous
1999
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