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Taxation ; Practice and Procedure
Tabcorp Maxgaming Holdings Limited v Commissioner of Taxation [2025] FCA 115
TAXATION - Division 230 of the Income Tax Assessment Act 1997 (Cth) (ITAA 1997) - taxation of financial arrangements (TOFA) - whether asserted contingent right to 'terminal payment' said to arise under contract and/or statute was a "financial arrangement" within the meaning of s 230-45(1) of ITAA 1997 - held no "financial arrangement" - whether financial benefits provided "under" financial arrangement for the purposes of s 230-60(1) and step 2(a) in the method statement in s 230-445(1) - whether financial benefits played an "integral role" in the sense required by s 260-60(1) - meaning of step 1(b) in the method statement in s 230-445(1) - whether step 1(b) applied where deductions previously allowed under s 8-1 of ITAA 1997 so as to prevent admitted double deduction - non-applicability of s 8-10 of the ITAA 1997 - whether issue of shares capable of constituting the provision of a financial benefit - whether s 974-30(1) applies to s 230-60(1) - s 974-30(1) does not have any relevant application - held that is
21 Feb 2025 |  THAWLEY J

Corporations Law
Brereton, in the matter of ICT Century Pty Ltd (In Liquidation) [2025] FCA 107
CORPORATIONS - application by liquidators under s 588FF(3)(b) of the Corporations Act 2001 (Cth) for extension of time for making any application under s 588FF(1) - liquidators seeking a "shelf order" in respect of yet-to-be-identified claims - where necessary further investigations and examinations to be conducted by the liquidators of a creditor and not those of the company - any identified claims proposed to be brought by way of assignment to those third-party liquidators - extension granted
21 Feb 2025 |  OWENS J

Migration
Tanehohaia v Minister for Immigration, Citizenship and Multicultural Affairs [2025] FCA 106

21 Feb 2025 |  COLVIN J