All is not black and White for entities

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Uploaded by on Sep 10, 2009

Want to get your hands on some Small Business Capital Gains Concessions? Well you need 3 things. We call it the SAS test:

1.Small
2.Active
3.Significant

White v Federal Commissioner of Taxation [2009] FCA 880 (18 August 2009) is a groundbreaking decision concerning the Small boys.

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