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In recent times, then Federal Assistant Treasurer Peter Dutton MP announced that the ATO will amend their interpretation of the tax laws in relation to non-forestry MIS. The Federal government decided it would introduce legislation to confirm the tax deductibility of forestry MIS however it will not protect the tax deductibility of non-forestry projects. As such, effective 1 July 2008 non-forestry MIS will no longer be confirmed with a tax deductibility ruling. Investments in managed investment schemes that are covered by existing product rulings, entered into before 1 July 2008 will be protected. Please note that there are currently court challenges by the industry and the recent change of government may allow for a softening of this interpretation. |
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| Agribusiness Commission Rebates | Cash rebates of up to 8.0% on agribusiness projects in Australia. more info
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| Travel Insurance | Book travel insurance through 2020 DIRECTINVEST for a 30% discount off the premium. more info
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