Published on 01 Oct 01
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
This article discusses the recent decision of Merrill Lynch International Australia Ltd v Commissioner of Taxation  FCA 1127. This decision held that bonuses in the bonus pool of the taxpayer as at the end of the tax year were not deductible in that year since the bonuses were not incurred in that year.
Current at 15 July 2009
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