Healius - capital or revenue?
Time & Location
About The Event
Although the legal principles that distinguish revenue expenditure from capital expenditure are “well established”, their application can be contentious, particularly for large expenses.
In Healius, the Full Federal Court emphasised the need for a “wide survey and exact scrutiny of the taxpayer’s activities” when characterising several hundred payments – made by an operator of medical centres to medical practitioners – as capital in nature.
The panel will provide an overview of the case and its potential implications for capital/revenue disputes.
A calendar invite and Zoom link will follow for those who RSVP.