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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

When the lump sum royalty was separately agreed and paid, then ...

Income Tax

July 27, 2016

When the lump sum royalty was separately agreed and paid, then the running royalty, in the facts and circumstances, would only be a revenue expenditure paid for the use of the licence, trade mark and technical information for a particular period - AT

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