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  Miscellaneous 2007

Continuing controversy post Cajkusic

Source: Taxation In Australia Journal Article

Published Date: 1 Dec 2007

 
For many tax professionals the Full Federal Court’s decision in Cajkusic followed by the High Court’s rejection of the Commissioner’s application for special leave to appeal appeared to clarify a number of contentious issues regarding the taxation of the income of trusts. However the decision impact statement released by the Commissioner on 12 September 2007 has again clouded the issue.
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