Published on 01 Aug 12
by "THE TAX SPECIALIST" JOURNAL ARTICLE
The complexity of modern financial arrangements means that a revenue officer or a revenue practitioner must have what the author calls a “toolbox” containing the leading decisions on revenue law. It is important to know and to understand the authorities, both to comply with the principle of stare decisis and to be able to apply them to new situations as they arise. The purpose of this article is to provide such a toolbox.
The article first considers a leading decision on the extent of review by the courts or tribunals of decisions of the revenue authorities. The article goes on to examine the leading cases on statutory interpretation, equitable interests and equitable ownership, goodwill, and statutory rights to affix to, or imbed in, land utilities. The author concludes that the ingenuity of mankind will ensure that there will be a constant need to scrutinise new arrangements in light of the reasoning in the leading cases.
Hon Ian Gzell AM FTI-Life
Mr Gzell was admitted to the Queensland Bar in 1965 and was appointed Queen's Counsel in 1977. He sat on the Equity Division of the Supreme Court of New South Wales from 2002 until his retirement in 2013. Apart from his other duties, he was the Revenue List Judge. He was admitted as a Barrister in every state and territory of Australia and in New Zealand and Papua New Guinea, with admissions for multiple single causes in Singapore, Fiji and the Solomon Islands. At the Bar, Mr Gzell specialised in revenue law with particular emphasis on international taxation. He was President of The Tax Institute from 1985-1986 and President of the Commercial Law Association of Australia from 1994-1996. He was Chairman of the Society of Trust and Estate Practitioners Australia and of its New South Wales branch from 2007-2013. He was a Council Member of the Society World Wide from 2011-2013. In 2012 Mr Gzell was appointed President of The International Academy of Estate and Trust Law. He has had numerous articles published and is in constant demand as a speaker. Current at 16 February 2015
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