The ATO on Wed 16.10.2013, released a Decision Impact Statement on the AAT’s decision in AAT Case [2013] AATA 617, Re S J Buller Pty Ltd and FCT.
In that case, the AAT affirmed the Commissioner’s decision to deny a taxpayer wine producer rebates under the WET regime for the March 2010 and June 2010 quarters and impose a 25% shortfall penalty. The ATO broadly said the Tribunal’s decision was consistent with its views on an associate producer and established corporate law principles about whether a producer might reasonably be expected to act in accordance with the directions, instructions or wishes of another producer.
[LTN 200, 16/10/13]