See Also
Commissioner of Taxation v Sharpcan Pty Ltd, [2019] HCA 36
Before finding that the taxpayer’s expenditures for 10-year assignable gaming licences (“GMEs”), which it required in order to be permitted...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Contract Purchases or Prepayments | 10-year gaming licences required to maintain existing gaming revenues were purchased on capital account | 350 |
| Tax Topics - Income Tax Act - Section 13 - Subsection 13(34) - Paragraph 13(34)(b) | 10-year gaming licences required to maintain existing gaming revenues were not for goodwill | 245 |
| Tax Topics - General Concepts - Purpose/Intention | purpose distinguished from motive | 237 |