Question 1 Discuss whether the following are allowable as deductions under s 8-1 of ITAA 1997.•

| April 14, 2018

Question 1 Discuss whether the following are allowable as deductions under s 8-1 of ITAA 1997.•    The cost of moving machinery to a new site•    The cost of revaluing assets to effect insurance cover•    Legal Expenses incurred by a company opposing a petition for winding up•    Legal Expenses incurred for services of a solicitor in respect of a number of matters, including conveyancing, discharge of a mortgage, and … 

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