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Tax Cases: Importance of clear and thorough advice: Leda Pty Ltd & Anor v Weerden (No. 2)

Published on 01 Jul 06 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

On 10 March 2006 the New South Wales Supreme Court handed down its decision in Leda Pty Ltd & Anor v Weerden (No.2). This case is important for tax advisers as it deals with the duties and responsibilities of professionals advising clients on matters involving complex tax issues. The case highlights the importance of taking sufficient time to give advice, making sure that client is clearly made aware of what matters are the subject of the advice, what matters are excluded from the advice and any qualifications or assumptions relied upon in the advice given.

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George KOLLIOU
Current at 22 June 2009 Click here to expand/collapse more articles by George KOLLIOU.
 
Vanessa RITZINGER
Current at 24 May 2009 Click here to expand/collapse more articles by Vanessa RITZINGER.

 

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