Published Date: 4 Nov 2019
The Tax Institute welcomes the opportunity to make a submission to the Australian Taxation Office (ATO) in relation to the draft Taxation Determination TD 2019/D9 Income tax: commercial debt forgiveness “ does the exclusion for debts forgiven for reasons of natural love and affection require that the creditor be a natural person? (Draft TD).
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Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
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