BHBBBaulderstone Hornibrook Bilfinger Berger Joint Venture (construction; Australia)
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51st levy scheme: PS220) VVPOINT-to-point bookmakers Each bookmaker conducting BHBB on point-to-point and/or harness racing and/or trotting events will pay a fixed contribution of PS181.
This allowance may be reduced or eliminated as the corporation is able to determine with reasonable certainty that it will have sufficient taxable income, either on a consolidated basis or at BHBB, as may be required to utilize the tax assets.
The corporation believes that its position with respect to the BHBB tax benefits is correct and proper and will be successfully defended, if necessary.