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Tuesday, 17 November 1964

Senator WEDGWOOD (VICTORIA) asked the Minister representing the Treasurer, upon notice -

1.   Is it a fact that on the death of a taxpayer who had been conducting a business of his own or was in receipt of income, such income in his estate is not entitled to the concessional deductions which he would normally have claimed?

2.   If so, docs this mean that for the period until probate is granted the estate is taxed on its full income without the benefit of any concessionsfor dependants, who must still be supported, or other concessional deductions such as medical and educational expenses?

3.   Will the Treasurer comment upon the matter?

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