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Is valuation costs of a building that was sold tax deductible?

Posted 23 September 2016 under Tax Questions



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Vivienne says:
22 September 2016 at 20:12

Is valuation costs on a factory that was sold tax deductible? Or should the fee paid form part of the base cost for CGT purposes?

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TaxTimTaxTim says:
23 September 2016 at 9:23

The fee paid is only deductible in the CGT calculation and are unfortunately not allowed as a deduction prior to this.


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