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Thanks Rob for your thoughts on this. I did very briefly ran through this scenario to my accountant. In which he said was fine as long as there are documents to support the loan arrangement/ agreement It appeared that Terry_w has similar view to my accountant on this. "Commercial loans...

Hi all you accounting and tax experts, As the subject indicated, seeking advice on the tax deductions and implications of privately arranged family loans to purchase IP – do ATO accept them??? Here is a scenario to give the situation a bit more realistic dimension in practical terms: -...