The Resource Deductions arising from illegal activities

Deductions arising from illegal activities

Label
Deductions arising from illegal activities
Title
Deductions arising from illegal activities
Creator
Subject
Language
eng
Summary
The income tax legislation taxes income "from all sources". On its plain wording, the Income Tax Assessment Act (ITAA) is not concerned with how that income is earned or generated. This article deals with the interpretation of the tax law in the Commissioner of Taxation v La Rosa case, which considered the deductibility of losses incurred in carrying on a drug dealing business under s 51(1) ITAA 1936
Citation source
In: Revenue law journal. - Gold Coast. - Vol. 13 (2003),
http://library.link/vocab/creatorName
Lund, S
Language note
English
http://library.link/vocab/subjectName
  • case law
  • illegal activity
  • deductions
Label
Deductions arising from illegal activities
Instantiates
Publication
Label
Deductions arising from illegal activities
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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