Travelex – Commissioner seeks leave to appeal to the High Court from the test case he lost – about the date from which interest on overpaid tax under RBA system

The Commissioner is seeking special leave to appeal to the High Court against the decision of the Full Federal Court in CofT v Travelex Limited [2020] FCAFC 10, which related to the amount of interest the Commissioner had to pay, from a successful GST test case, which went all the way to the High Court in [2010] HCA 33. This has become a test case, on the date from which the Commissioner is required to pay interest, on an overpayment  (see related TT article about the Full Court’s decision).

See below for further detail.

[Tax Month – March 2020]