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Travelex and Auctus: Recent Decisions of the High Court and Full Federal Court

21 May 2021

Travelex and Auctus: Recent Decisions of the High Court and Full Federal Court

Young's List barrister, Helen Symon QC, chaired a CPD on Travelex and Auctus: Recent Decisions of the High Court and Full Federal Court.

In the session, the speaker explained how the decisions of the High Court in Federal Commissioner of Taxation v Travelex Ltd [2021] HCA 8 and the Full Federal Court in Commissioner of Taxation v Auctus Resources Pty Ltd [2021] FCAFC 39 illustrate the complex relationship between the Taxation Administration Act 1953 and the Running Balance Account regime on the one hand, and the GST and the R&D tax incentive on the other, in circumstances where the Commissioner of Taxation paid amounts to a taxpayer that had no legal entitlement to the payment.

To brief Helen, or for further information about briefing Young's List, please call Tammy Young on +61 3 9225 6777 or after hours on +61 (0) 414 523 515.