This video is a filmed session from the NSW 9th Annual Tax Forum, PowerPoint slides are incorporated with the presentation. Recent cases show that the “divide” between the fruit and the tree remains a difficult one. By considering High Court and Full Federal Court decisions, this session will explore the vexed issue of characterisation. This survey of cases included coverage of the Ausnet Transmission High Court decision (expenditure side), and a discussion on how these cases may have broader application to other items of business expenses and business income.
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Topical issues: The latest bundle
Author(s): Ken SCHURGOTT