Capital gains taxation of damages : a challenge for litigants and their advisers | Macquarie University ResearchOnline

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Title: Capital gains taxation of damages : a challenge for litigants and their advisers
Related: Macquarie journal of business law, Vol. 2, Issue 2, p.21-46
Related: http://www.law.mq.edu.au/html/MqJBL/vol2/vol2_2.pdf
Publisher: Macquarie University
Date: 2005
Author/Creator: Galitsky, Serge
Description: Australia’s adoption in 1986, of capital gains taxation (CGT), employed a broad concept of gain not confined to the simple case of a purchase and resale at profit. The imposition of capital gains taxation on damages appeared to be a consequence of the adoption of a very broad conception of what is to be considered as an asset. The subsequent reformulation of what is a CGT event continued the continued the philosophy of broad inclusion. This paper asks what should occur in the process of assessing damages , and how to protect the compensatory value of an award.
Description: 26 page(s)
Resource Type: Macquarie Journal Of Business Law Collection
Resource Type: journal article
Organisation: Macquarie University. Dept. of Business Law

Identifier: http://hdl.handle.net/1959.14/24837
Identifier: ISSN:1449-0269
Identifier: mq-rm-2005003264
Language: eng
Rights: Publisher version archived with the permission of the Dean, Division of Law, Macquarie University, NSW, Australia. This copy is available for individual, non-commercial use. Permission to reprint/republish this version for other uses must be obtained from the publisher.
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