In Track and Ors and Commissioner of Taxation [2015] AATA 45, the AAT has held that Pt IVA (the general Anti-Avoidance provisions) applied to a scheme carried out by several taxpayers to take advantage of the CGT small business concessions.
In Track and Ors and Commissioner of Taxation [2015] AATA 45, the AAT has held that Pt IVA (the general Anti-Avoidance provisions) applied to a scheme carried out by several taxpayers to take advantage of the CGT small business concessions.