Eichmann and Commissioner of Taxation (Taxation) [2019] AATA 162

TAXATION – Capital Gains Tax – Small Business CGT concessions – whether land is an active asset – whether storing tools on land is using the land in the course of carrying on a business – meaning of ‘used’ in the Income Tax Assessment Act – legislative intention to be ascertained by the text of the legislation itself – decision under review set aside and substituted

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