Published on 01 Dec 04
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
On October 12 2004, the Full Federal Court upheld the taxpayer's appeal against the judgement of Merkel J in Transurban City Link Limited v FCT.
The issue before the Federal Court and on appeal was whether annual Concession Fees of $31.25 million in the 1996 year of income and $95.6 million in each of the 1997 and 1998 years of income were allowable deductions to Transurban City Link Limited.
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