Lewski v Commissioner of Taxation, [2017] FCAFC 145

Citations
[2017] FCAFC 145

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Summaries

Summary Under

Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Incurring of Expense

obligation to pay purchase price was incurred on agreement date rather than subsequent closing

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Words and Phrases

incur

Summary Under

Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(24)

an alternate resolution that the taxpayer was not entitled to an income distribution if Revenue denied a trust deduction made her entitlement contingent and non-includible

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Words and Phrases

entitlement

Summary Under

Tax Topics - Income Tax Act - Section 248 - Subsection 248(8) - Paragraph 248(8)(b)

since the taxpayer through her husband as agent had knowledge of an income distribution, her subsequent purported disclaimer was not immediate

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Words and Phrases

disclaimer

Summary Under

Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(13)

a trust income declaration that was subject to a tax contingency did not result in an income inclusion to the beneficiary

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Summary Under

Tax Topics - General Concepts - Agency

knowledge of agent imputed to principal

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Lewski v Commissioner of Taxation, [2017] FCAFC 145

Citations[2017] FCAFC 145

Case tabs

Citations
[2017] FCAFC 145