The Commissioner has appealed to the Federal Court against the decision in AAT Case [2014] AATA 155, Re Macoun and FCT. The AAT had ruled that an early retirement pension that the resident taxpayer received from the World Bank in the 2009 and 2010 income years in connection with his employment with the bank as a sanitary engineer between 1993 and 2007 was exempt from Australian income tax.

[LTN 75, 22/4/14]