Burton v CofT – High Court has refused special leave, to the taxpayer, to appeal the decision giving him only a 50% ‘foreign tax credit’ on a capital gain taxed in the US

The High Court has refused the taxpayer’s application for special leave to appeal from the decision of the Full Federal Court decision in Burton v CofT [2019] FCAFC 141.

See below for further details.

[Tax Month – February 2020]