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Key decisions

  • SPI PowerNet Pty Ltd v Commissioner of Taxation [2014] FCAFC 36
  • Minister for Immigration and Border Protection v Kim [2014] FCAFC 47
  • SZRTC v Minister for Immigration and Border Protection [2014] FCAFC 43
  • NBMZ (and others) v Minister for Immigration and Border Protection [2014] FCAFC 38
  • Smith v Repatriation Commission [2014] FCAFC 53
  • Gold Coast City Council v Satellite & Wireless Pty Ltd [2014] FCAFC 51
  • McHugh v Australian Jockey Club [2014] FCAFC 45
  • SPAR Licensing Pty Ltd v MIS QLD Pty Ltd [2014] FCAFC 50

INCOME TAX

Whether expense a capital or income item

In SPI PowerNet Pty Ltd v Commissioner of Taxation [2014] FCAFC 36 (7 April 2014) a Full Court concluded that payments by an electricity supplier of “imposts” on the purchase of a transmission licence were capital costs and not allowable as deductions from income under the ITAA Act 1997 (Cth).

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