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Tax Case: Pride comes before a fall

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

The Full Federal Court has dismissed an appeal by the taxpayer in Pridecraft Pty Ltd v Commissioner of Taxation [2004] FCAFC 339, upholding the decision of Merkel J at first instance and confirming the Commissioners stance against what he viewed as a harmful tax scheme cloaked as an employee rewards system.

Author profiles:

Aaron MACGREGOR

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Julian Pinson FTI
Julian is a Senior Associate at Greenwoods & Herbert Smith Freehills Pty Limited. He advises on the domestic and international tax aspects of a wide range of matters for clients, primarily in the finance, infrastructure, property and funds management sectors. He has been involved in advising on the tax aspects of corporate acquisitions and reorganisations, cross-border financing transactions, financial products and capital raisings. Current at 02 June 2015 Click here to expand/collapse more articles by Julian PINSON.
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