Published on 24 Sep 98
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
The Murry case is the first High Court decision on the meaning of goodwill for the purpose of the Capital Gains tax provisions. The decision has a wide impact and relevance to all practitioners, not just those involved with selling or acquiring a business that has "goodwill". This paper concentrates on the position after the Decision in Murry's case.