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Tile and Carpet Centre Limited v  Commissioner of Domestic Taxes

Citation
Tile and Carpet Centre Limited v  Commissioner of Domestic Taxes
Industry

AUDIT Trigger

Whether the Appellant borrowed funds from a commercial bank to finance the purchase of land on behalf of a related company and if so whether part of the interest on those borrowings should -, be restricted and disallowed for corporation tax purposes to the extent of the monies deposited with the Advocates.

Outcome

Information pending further review

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