Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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The Administrative Appeals Tribunal has reviewed a decision by the Commissioner of Taxation which ruled that a lump-sum payment made to a taxpayer by his insurers to settle claims made against them was fully assessable.
In the case of Kort and Commissioner of Taxation (Taxation) [2019] AATA 336, the applicant applied for a review of a decision made by the Commissioner of Taxation to disallow the applicant’s objection to a private binding ruling made on 17 August 2016.
Read more at the Accountants Daily.