Published on 01 Apr 00
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
This article discusses the case of a taxpayer who was successful before the AAT, in claiming losses carried forward in excess of $1.4 million from earlier income years. The Commissioner disallowed these losses on the basis that the taxpayer failed to satisfy requirements in s 80E. The Commissioner, however, has indicated that he will appeal against the decision in the Federal Court.
Annamaria is a Senior Tax Writer with ATP. She has 20 years experience in tax, spanning publishing, the ATO, commerce and the tax profession. Annamaria has been involved in formal liaison with the ATO and Treasury on a number of Committees including the Consolidation Joint Design Team. She has recently published a textbook on 'Consolidations - The Adviser's Guide' and has addressed a number of forums on consolidations. Current at 18 May 2004
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