Commonwealth Consolidated Acts

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INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 70.20

Application of section 70-20 of the Income Tax Assessment Act 1997 to trading stock bought on or after 1 July 1997

                   Section 70-20 (Non-arm's length transactions) of the Income Tax Assessment Act 1997 applies to purchases that take place on or after 1 July 1997.



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