Deductions for drug dealers

Article Abstract:

A recent decision in Full Federal Court in F C of T v. La Rosa (High Court 27 October 2004) denied Australian Taxation Office the right to appeal the decision. The tax deductions for drug dealers consequent to the said decision are discussed. Other aspects of Tax Law relevant to drug dealing, GST and charity are also discussed.

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Are tax rulings useful?

Article Abstract:

The viability of private ruling provisions, under Part IVA of c, is examined. The Federal Court decisions in Lamont v. F C of T and Bellinz v. FC of T are discussed.

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The ATO's new clothes

Article Abstract:

A case of a taxpayer, who sought deduction for the amount she spent on buying certain clothing and footwear, during an income tax year, is discussed.

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