Tax Accounting and Livestock in Australia Insights from the Wade Case
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...
| Main Authors: | , |
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| Format: | Book |
| Published: |
ibidem Press
2024
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| Online Access: | http://hdl.handle.net/20.500.11937/94162 |
| _version_ | 1848765842969329664 |
|---|---|
| author | Fullarton, Lex Pinto, Dale |
| author_facet | Fullarton, Lex Pinto, Dale |
| author_sort | Fullarton, Lex |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T11:41:41Z |
| format | Book |
| id | curtin-20.500.11937-94162 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:41:41Z |
| publishDate | 2024 |
| publisher | ibidem Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-941622024-02-07T06:20:42Z Tax Accounting and Livestock in Australia Insights from the Wade Case Fullarton, Lex Pinto, Dale taxation 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. 2024 Book http://hdl.handle.net/20.500.11937/94162 ibidem Press restricted |
| spellingShingle | taxation Fullarton, Lex Pinto, Dale Tax Accounting and Livestock in Australia Insights from the Wade Case |
| title | Tax Accounting and Livestock in Australia Insights from the Wade Case |
| title_full | Tax Accounting and Livestock in Australia Insights from the Wade Case |
| title_fullStr | Tax Accounting and Livestock in Australia Insights from the Wade Case |
| title_full_unstemmed | Tax Accounting and Livestock in Australia Insights from the Wade Case |
| title_short | Tax Accounting and Livestock in Australia Insights from the Wade Case |
| title_sort | tax accounting and livestock in australia insights from the wade case |
| topic | taxation |
| url | http://hdl.handle.net/20.500.11937/94162 |