Monthly Archives: January 2012

Fight for counterfactuals in Part IVA cases

The recent decision by the AAT in the case of Yip v FC of T 2011 ATC 10-214; [2011] AATA 785 has created a doubt on how the courts will identify an acceptable counterfactual in Part IVA cases. In this case the Tribunal viagra price held, in relation to a two private rulings, that amounts (salary) sacrificed to an employment trust arrangement remained assessable to the employee under s 6-5(4) of ITAA 1997. The  trust funds were to be used to … Continue reading

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