The commissioner of taxation will not appeal the courts


The court ruled in favour of the company on 25 october 2013 concerning deductions claimed on the 2011 and 2012 tax returns. rose ltd had provided in accrued taxes payable for the full amount of the potential disallowances. the commissioner of taxation will not appeal the court's ruling. Indicate the required disclosure of this event in the financial report

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Accounting Basics: The commissioner of taxation will not appeal the courts
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