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.
Current at 15 July 2009
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