FCT v Jayasinghe – Commissioner grated leave to appeal decision that the taxpayer’s income from the UN was exempt from tax as the ‘holder of an office’ under the Privileges and Immunities Act

The Commissioner has been granted special leave to appeal to the High Court against the Full Federal Court decision in FCT v Jayasinghe [2016] FCAFC 79.

The Full Federal Court had by majority dismissed the Commissioner’s appeal from an AAT decision which had found that a taxpayer was exempt from his earnings as the “holder of an office in” an international organisation under the International Organisations (Privileges and Immunities) Act 1963. Chief Justice Alsop, however, dissented.

[Related Tax Month article] [LTN 223, 17/11/16]