bank guarantee

  1. K

    Bank guarantee and tax implications

    Hi, If I'm purchasing a PPOR off the plan, does anyone know if the related bank guarantee fees are deductible? They are usually charged every 6 months. It seems unfair that all the interest is taxable but due to the bank guarantee fees; I'm actually only receiving a proportion of the...
    • Kai
    • Thread
    • ato bank guarantee interest deductiblity tax implications
    • Replies: 5
    • Forum: Accounting and Tax
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