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Title: Tax Accounting and Livestock in Australia
Sub-title: Insights from the Wade Case
By (author): Lex Fullarton, Dale Pinto
ISBN10-13: 3838219058 : 9783838219059
Format: Paperback
Pages: 168
Weight: .220 Kg.
Published: ibidem - April   2024
List Price: 20.00 Pounds Sterling
Availability: Temporarily Out of Stock, more expected soon 
Subjects:
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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