Tax  Business  Wealth

Select Beyond Numbers: December 2023

THE CONTROVERSIAL CASE OF THE TAXPAYER WHO CLAIMED A LOSS ON THEIR HOME

A decision by the Administrative Appeals Tribunal hasthe tax world in a flurry after the Tribunal found infavour of a taxpayer who sold the apartment she livedin for a loss, then claimed the $265,935 loss in her taxreturn as a deduction.

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