The High Court has refused the Victorian Commissioner of State Revenue’s application for special leave to appeal against the decision of the Victorian Court of Appeal in Comr of State Revenue v Challenger Listed Investments Ltd [2011] VSCA 272. The Court of Appeal had dismissed the Commissioner’s appeal against the decision at first instance, which had set aside a stamp duty assessment concerning 2 complex transactions involving a conversion of a private unit trust (being a land rich landholder) to a public unit trust.
[LTN 1, 3/1/13]