Miscellaneous 2007

Tax cases: Doing your research - managed investment scheme avoids the application of Part IVA

Source: Taxation In Australia Journal Article

Published Date: 1 Dec 2007

 
In the case of Lenzo v Commissioner of Taxation1 the Federal Court of Australia heard an appeal made by Gino Lenzo (“the taxpayer”) against the decision of the Commissioner of Taxation (“the Commissioner”) disallowing deductions claimed by the taxpayer in relation to a managed investment scheme in the 1998, 1999 and 2000 income years.

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