68 Reasonable expectation of profit
Income Tax Act 2007 (2007 c 3) | Legislation

68  Reasonable expectation of profit

(1)     This section explains how the farming or market gardening activities (“the activities”) meet the reasonable expectation of profit test for the purposes of section 67.

(2)     The test is decided by reference to the expectations of a competent farmer or market gardener (a “competent person”) carrying on the activities.

(3)

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