The tax laws are being amended with effect from 1 July 2019 to deny tax deductions to individuals, private trusts and SMSFs for costs incurred by them in relation to holding vacant land except in limited circumstances.
Read MoreThe tax laws are being amended with effect from 1 July 2019 to deny tax deductions to individuals, private trusts and SMSFs for costs incurred by them in relation to holding vacant land except in limited circumstances.
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