Published on 01 Feb 04
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
'The ability of a private company employer to obtain unlimited deductions for contributions made to a superannuation fund benefiting employees who are directors and shareholders without either the trustee of the fund being liable to pay tax on the amounts contributed or the employer being liable to pay fringe benefits tax must be the holy grail for tax planners'.
It was with these almost sardonic words that Hill J, in the Federal Court's original jurisdiction, set the scene for his judgment in Walstern v Commissioner of Taxation
 FCA 1428.
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