Binqld Finances Pty Ltd (In Liq) v Israel Discount Bank Ltd – Commissioner ordered to produce a copy of his deed, with certain taxpayer information redacted because it was “protected” under TAA53 secrecy provisions

On 31 July 2019, the Federal Court has held that information, about the income tax liabilities of various taxpayers, was “protected information” for the purposes of the confidentiality provisions of Div 355 of the TAA53.

See below for further details.

FJM 2.9.19

[Tax Month – August 2019]