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tax claim reletated to Development

Discussion in 'Accounting & Tax' started by fairy, 29th Jun, 2016.

  1. fairy

    fairy Active Member

    Joined:
    24th Jun, 2015
    Posts:
    42
    Location:
    Canberra
    I recently Purchased a block of land where i looking at doing multiunit development. Once i sell i will be paying related tax. My question is while development in progress can i claim the interest and stamp duty (It is in canberra) in my tax return?