Buy custom Critical case study - citylink
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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2641 |
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However, it was also established that the concessionary payment made was similar to that of a share in profits and/or dividend payment made to the government, in return for its operation of its profit making initiative. This payment was thus seen as a capital payment, for the right to operate the business structure, and not part of the profit making process of the company...
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This payment was thus seen as a capital payment, for the right to operate the business structure, and not part of the profit making process of the company. This was appealed by City Link.
The Full Court then contrasted the preliminary hearings reasoning concerning the concession fees as being a cost of acquiring a profit-making enterprise, but rather, as a cost for the right to conduct the project...
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