Published on 01 Mar 05
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Lindsay of the Administrative Appeals Tribunal has held in AAT Case  AATA 72, Re G Cassegrain & Co Pty Ltd and C of T that a $9.5 million settlement payment made to the taxpayer, a family company, was assessable as a capital gain. The case raises some intricate and fundamental issues of the operation of the CGT in the context of settlement of actions.
Maree works for Deloitte Touche Tohmatsu.
- Current at
16 February 2015