TITLE

Income tax and farming machinery

AUTHOR(S)
Friedland, Robin
PUB. DATE
November 1999
SOURCE
Finance Week;11/26/99, p40
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on a legal case concerning tax deductions for farming equipment in South Africa. Application of deductions described in the Income Tax Act which allows preferential write-offs for machinery used for farming; Question on the use of farming machinery by an agricultural contractor; Court's decision favoring deductions for the agricultural contractor.
ACCESSION #
2959674

 

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