Arnold and Commissioner of Taxation (Taxation) [2017] AATA 1318


TAXATION AND REVENUE – appeal from objection decisions of Commissioner – deductions – charitable donations to deductible gift recipients – HIV/AIDS medicines supplied to charities located in Africa – consideration of market value of goods – consideration of amount paid for goods – construction of ‘paid’ in s 30-15 of Income Tax Assessment Act 1997 (Cth) – whether title to goods transferred to charities within relevant income years – whether supply agreements void for illegality – whether objection decisions upheld – whether administrative shortfall penalties upheld. Click here