Published on 01 Sep 04
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
It is no surprise to anyone that Australians are becoming more litigious. As trusted advisers to clients of various shapes and forms, all of us have or will need to deal with the taxation aspects arising from out-of-court settlement sums paid and received by our clients. This includes income tax issues as well as goods and services tax issues and, of course, it's never as easy as it should be.