2010

High Court Hands Down Judgment in Bamford & Ors v Commissioner of Taxation

Source: Victoria

Published Date: 16 Apr 2010

 
On 30 March 2010, the High Court handed down judgment in Bamford & Ors v Commissioner of Taxation following the Full Federal Court's decision last year. Previously, the Full Federal Court's found that the terms of a trust deed prevail in determining the "income of the trust" to which beneficiaries are presently entitled and assessed to tax and that the proportionate approach is correct, even if a beneficiary is only allocated a particular sum by the trustee.

This event explained and critically analysed the High Court's decision and reflected back on the history of the provisions going back before Richardson to explain why the issues in Bamford have caused such debate.

Bamford v FCT - Where have we really got to?

Author(s): Andrew Clements FTI

Details

  • Published On:16 Apr 2010
  • Took place at:The Hotel Windsor, Melbourne

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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