Property Income tax

Isolated property transactions

Source: Western Australia

Published Date: 19 Jun 2014

 

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This paper covers:

  • the relevant law
  • ordinary income
  • assessable income arising from an isolated transaction
  • mere realisation – a summary of factors relevant to the intention element (taken from TR 92/3)
  • observations as to the Myer first element
  • summary as to the Myer second element
  • mere realisation: general observations
  • application of the law (master class case study).

Details

  • Published By: Jonathan Ilbery
  • Published On:19 Jun 2014
  • Took place at:Perpetual Boardroom, Perth

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

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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Property Income tax 2014

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