Skip to main content
shopping_cart

Your shopping cart is empty

Substance versus form: the ATO approach: 1

Published on 19 Mar 97 by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA

This convention paper refers to the repeated references to 'form and substance' by the High Court in FC of T v Spotless 96 ATC 5201 which have raised questions of the interplay between the form of a transaction or provision and its substance.

Author profile:

Michael D'ASCENZO
Michael D’Ascenzo took up his role as Commissioner of Taxation on 1 January 2006. Michael joined the Tax Office in 1977 and worked in various areas, such as tax avoidance schemes, heading up the recoupment tax area and in 1986 was put in charge of international operations, becoming involved in the world’s first advanced pricing agreement. Michael also led the improvements to the self-assessment system introduced in 1992 and the from 1994 worked as Deputy Chief Tax Counsel and the Chief Tax Counsel. Prior to his appointment as Commissioner, Michael held the position of Second Commissioner (Law) and Chief Tax Counsel having an ongoing focus on the interpretation of tax law and the implementation of new tax laws, as well as corporate planning, finance and governance.
Current at 26 November 2007 Current at 26 November 2007 Click here to expand/collapse more articles by Michael D'ASCENZO.
 
Copyright Statement