Tax Alert

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Tax Alert 

A focus on topical tax issues - June 2017

Material advancement and tangible progress on feasibility expenditure

After many years (and many tax articles) of analysing the tax deductibility of feasibility expenditure based on Inland Revenue interpretation statements and case law, we have moved to a new phase of determining whether it is feasible to change the law to deal with black hole and feasibility expenditure.

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Tax Alert June 2017

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