Tax Accounting and Livestock in Australia : Insights from the Wade Case
New
Book Details
Format
Paperback / Softback
ISBN-10
3838219058
ISBN-13
9783838219059
Edition
New
Publisher
ibidem-Verlag, Jessica Haunschild u Christian Schon
Imprint
ibidem-Verlag, Jessica Haunschild u Christian Scho
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 8th, 2024
Print length
168 Pages
Weight
22 grams
Product Classification:
AustraliaAccountingAgriculture & farmingAgriculture and farming
Ksh 3,600.00
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The authors take an in-depth look at an accepted practice of classifying ALL animals held in a business of primary product in Australia as revenue assets.
The authors take an in-depth look at an accepted practice of classifying ALL animals held in a business of primary product in Australia as revenue assets regardless of the function they perform in that business. This practice denies retiring farmers tax concessions granted to other businesses. They describe the practice as unfair, and after a deep examination of the circumstances that gave rise to the generally accepted accounting and tax interpretation, they find that it is not true. They report their story and point their fingers at a glaring tax injustice.
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