TAXATION – general deduction from assessable income – whether a payment made to settle litigation years after the relevant employment ended qualifies as a general deduction from assessable income under s 8-1 of the Income Tax Assessment Act 1997 (Cth) – whether the loss or outgoing was incurred in gaining or producing assessable income – whether the loss or outgoing is of capital or of a capital nature
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0574
For more information, see the original judgement.
