SPI PowerNet Pty Ltd v FCT – Taxpayer appeals to Full Federal Court from decision that its s163AA payments to Vic Treasury were not deductible [30]

The taxpayer has lodged a notice of appeal to the Full Federal Court against the decision in SPI PowerNet Pty Ltd v FCT [2013] FCA 924. In that case, the Federal Court found that the imposts under s 163AA of the Electricity Industry Act 1993 (Vic) paid by a taxpayer to the Victorian State Treasurer were not deductible under s 8-1 of the ITAA 1997 for the relevant years.

[LTN 194, 8/10/13]