This paper covers:
- SPI PowerNet Pty Ltd v Commissioner of Taxation
- Commissioner of Taxation v Citylink Melbourne Limited
- Commissioner of Taxation v Star City Pty Limited
- Cliffs International Inc v FCT
- reconciling the cases
- capitalised labour
- why capital treatment isn't (necessarily) the end of the world - an analysis of various Division 40 provisions
- taxpayer alert on property developers.