Explain the concessionary capital allowance rules

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Question 1: Georgie purchased café named, Moon-bucks Café. Can she claim a deduction under s 40-880 ITAA97 for the amount paid under the contract to acquire the goodwill of the business? Discuss the concessionary capital allowance rules that apply to SBEs under Subdiv 328-D ITAA97. Explain your answer.

Reference no: EM132611579

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