Income Tax

Calculating Fox v Wood Claims

by Arnold Shields 3 February 2010

We have previously talked about Fox v Wood claims in a previous post. As a reminder, the principle established in Fox v Wood(1981) 148 CLR 438 is that the plaintiff is entitled to recover the additional income tax paid in respect of refundable workers compensation receipts. Fox v Wood is calculated as the difference between the tax on the plaintiff’s [...]

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Holiday Home into Superfund – Financial Planning Litigation

by Fiona Bateman 29 July 2009

Another instance of bad financial planning advice that we have come across recently, where the advisor gave advice without any regard to capital gains tax, stamp duties, income tax and superannuation fund regulations.

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Fox v Wood Claims

by Arnold Shields 22 July 2009

The principle established in Fox v Wood(1981) 148 CLR 438 is that the plaintiff is entitled to recover the additional income tax paid in respect of refundable workers compensation receipts.

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