Ausnet Transmission Group Pty Ltd v. Commissioner of Taxation of the Commonwealth of Australia
Case No.
M139/2014
Case Information
Lower Court Judgment
7/04/2014 Federal Court of Australia (Edmonds J, McKerracher J, Davies)
Catchwords
Taxation – Income Tax – Income Tax Assessment Act 1997 (Cth) (‘ITAA’) – Appellant paid three imposts to State of Victoria under s 163AA(1) of Electricity Industry Act 1993 (Vic) on purchase of transmission licence – Whether three imposts deductible pursuant to s 8-1 of ITAA – Whether observations of Fullagar J in Colonial Mutual Life Assurance Society Ltd v Federal Commissioner of Taxation was qualified by Court’s decision in Cliffs International Inc v FCT – Whether practical and business advantage secured by payment of compulsory exaction to State can be capital in nature.
Documents
12/12/2014 Hearing (SLA, Melbourne)
19/12/2014 Notice of appeal
21/01/2015 Written submissions (Appellant)
21/01/2015 Chronology (Appellant)
11/02/2015 Written submission (Respondent)
25/02/2015 Reply
09/04/2015 Hearing (Full Court, Canberra) (Audio-visual recording)
05/08/2015 Judgment (Judgment summary)