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Tax case: Losses lost due to lack of control

Published on 01 Jul 05 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

On 26 April 2005, the High Court unanimously allowed the Commissioner's appeal from the decision of the Full Federal Court in FCT v Linter Textiles Australia (in liq) (2003) 52 ATR 502. The Commissioner won on a ground which had not been considered in the Courts below, but agreed to pay the costs of the appeal.

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Richard J VANN
Current at 23 October 2012 Click here to expand/collapse more articles by Richard J VANN.
 
Anshu MAHARAJ
Anshu is a Senior Associate with Phillips Fox Lawyers.
Current at October 2006 Current at 09 October 2006 Click here to expand/collapse more articles by Anshu MAHARAJ.

 

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