Re Yazbek and FCT – taxpayer appeals to Federal Court from decision the he was relevantly a ‘beneficiary’ under s170(1), item 1, para (d) for the purposes of giving the Commissioner 4 years in which to amend [35]

The taxpayer has lodged a notice of appeal to the Federal Court against the decision of Deutsch DP in AAT Case [2012] AATA 477, Re Yazbek and FCT. The AAT had held in an interlocutory matter that a taxpayer was at all relevant times a beneficiary of a trust estate and that an amended assessment issued in April 2010 for the 2005 tax year was issued within time (ie within 4 years pursuant to Item 4 of s 170(1) of the ITAA 1936).

[LTN 163, 23/8]