EE&C Pty Ltd as Trustee for the Tarcisio Cremasco Family Trust v CofT – Deed of settlement effective to contract out of objection rights for taxpayer – no basis for AAT review
In this case, the AAT decided that the terms of a Settlement Deed, which the trustee and the Commissioner executed, prevented the trustee objecting and precluded the AAT reviewing the assessments issued in accordance with that Deed. The taxpayer was the trustee of a family trust. There had been ongoing disputes, audits and negotiations regarding…