The following are brief notes on recent Australian tax cases and commentaries of interest that could be of relevance in New Zealand. To read the note click on the case name or reference below.
Re Martinazzo & FCT  AATA 61 - Company loans treated as taxable income.
BHP Billiton Finance Pty Ltd v FCT  FCA 276 - Group treasury company may deduct bad debts owed by group members.
FCT v Sydney Refractive Surgery Centre Pty Ltd  FCAFC 190 - Defamation damages held not to be taxable income.