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Are tax schemes legitimate commercial transactions? Commissioner of Taxation v Spotless Services Ltd and Commissioner of Taxation v Spotless Finance Pty Ltd

By Julie Cassidy

Abstract

Extract: This case concerned Part IVA of the Income Tax Assessment Act 1936 (Cth) (\u27ITAA\u27). For Part IVA to apply there must be: a \u22scheme\u22 as defined in ss 177A(1) and (3); which provides the \u22relevant taxpayer\u22; with a \u22tax benefit\u22 as defined in s 177C; and a person must enter into the scheme for the \u22sole or dominant purpose\u22 of enabling the relevant taxpayer to obtain a tax benefit (s 177D)

Topics: income tax, tax avoidance, tax benefit, commercial transaction, Taxation-Transnational, Tax Law
Publisher: ePublications@bond
Year: 1996
OAI identifier: oai:epublications.bond.edu.au:hcourt-1006
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