New tax rules mean partners must check their year ends

Lee, M.

New tax rules mean partners must check their year ends - 1996 - Property Week 54(13) 28 March 1996, 30-31(2) .

Explains the new Current Year Basis rules for assessing income tax which has important implications for partnership tax returns.


CURRENT YEAR BASIS
INCOME TAX
LIABILITY
PARTNERSHIP
TAX LIABILITY