2020 FBT Checklist - CPA Australia

A formula allocation avoids the risk that insufficient exemption will be allocated to a transfer in the event the value of the transferred asset is changed on audit. The formula may express the allocation as “an amount necessary to produce an inclusion ratio of zero.” Reg. 26.2632-1(b)(4)(i). GST Trust. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download