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Tax Accounting and Livestock in Australia: Insights from the Wade Case

by Lex Fullarton , Dale Pinto
Save 13% Save 13%
Current price ₹2,253.00
Original price ₹2,600.00
Original price ₹2,600.00
Original price ₹2,600.00
(-13%)
₹2,253.00
Current price ₹2,253.00

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Book cover type: Paperback
  • ISBN13: 9783838219059
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Ibidem Press
  • Publisher Imprint: Ibidem Press
  • Publication Date:
  • Pages: 154
  • Original Price: GBP 20.0
  • Language: English
  • Edition: New ed
  • Item Weight: 218 grams
  • BISAC Subject(s): Taxation / General

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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