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Tax cases: taxpayer allowed a deduction for fees paid to family company

Published on 01 May 00 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The Full Federal Court in Service v Commissioner of Taxation [2000] FCA 188 (27 March 2000) held that a taxpayer was entitled to a deduction for fees paid to a company which he controlled. The fees related to directorships held by the taxpayer and these fees were paid by the taxpayer fo his family company. The article discusses earlier decisions of the AAT, and whether this case is a departure from ATO practice.

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Annamaria CAREY
Current at 15 July 2009 Click here to expand/collapse more articles by Annamaria CAREY.
 
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