The Resource Origins of the judicial concept of income in Australia

Origins of the judicial concept of income in Australia

Label
Origins of the judicial concept of income in Australia
Title
Origins of the judicial concept of income in Australia
Creator
Subject
Language
eng
Summary
The Australian judicial concept of income involves a narrow approach which is similar to that taken by the courts in the United Kingdom but which stands in sharp contrast to the much broader approach taken by the courts in the United States. The early Australian income tax statutes, however, sought to tax income under a global statutory structure which can be considered much closer to the global model of federal income tax statutes in the United States than the UK legislation which was based on a schedular structure. This article traces the introduction of income tax legislation in Australia and early development of Australia's judicial concept of income and finds that the narrow interpretation was by no means a certain outcome at the time. If efforts by the Victorian Commissioner to assess amounts such as legacies, gifts and ex gratia payments had been upheld, an income tax system very different from that which is familiar today might have developed in Australia
Citation source
In: Australian tax forum. - Sydney. - Vol. 25 (2010),
http://library.link/vocab/creatorName
Mellor, P
Language note
English
http://library.link/vocab/subjectName
  • income tax
  • history of taxation
Label
Origins of the judicial concept of income in Australia
Instantiates
Publication
Label
Origins of the judicial concept of income in Australia
Publication

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