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Under the 1942 Uniform Tax Scheme: o the Commonwealth government effectively forced the states out...

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Accounting

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Under the 1942 Uniform Tax Scheme: o the Commonwealth government effectively forced the states out of the income tax field. the Commonwealth government offered to share taxing power with the states: the High Court transferred sole power of taxation to the states: O the states offered to share taxing power with the Commonwealth government; Which of the following statements is true in relation to Public Rulings issued by the ATO? Public Rulings are included in the tax legislation. Public Rulings are generally binding on the ATO. Public Rulings provide taxpayer-specific advice in relation to a particular taxpayer's specific situation. O Public Rulings are binding on taxpayers

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