IGTO’s ‘IGoT News!’ – edition 18 released – Rights to Complain; Taxpayers Charter; data on ATO review decisions; regional investigations; Auditor-General on ATO & TAGs; ATO Complaints

Tax Month - December 2021

The Inspector-General of Taxation and Taxation Ombudsman (IGTO), Karen Payne, has released edition 18 of the IGTO’s newsletter – “IGoT News”. This edition provides: a summary of the IGTO report, Effectiveness of ATO communications of Taxpayers’ Rights to Complain, Review and Appeal, which was released in October 2021; a reminder of IGTO’s thought leadership paper, A Brief…

Advanced Holdings Pty Limited atf The Demian Trust v CofT – High Court dismisses taxpayer’s application for special leave to appeal – paying debts not deductible

Tax Month - December 2021

The High Court has dismissed the taxpayer’s application for special leave to appeal from the decision of the Full Federal Court in Advanced Holdings Pty Limited atf The Demian Trust v FCT [2021] FCAFC 135. The Full Federal Court decision, which now stands, had: upheld a decision that a joint venturer did not have a…