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Keys and Commissioner of Taxation (Taxation) [2019] AATA 238

February 26, 2019

TAXATION – income tax assessment objection – whether payments to the applicant are assessable income for the years ended 30 June 2012, 2013 and 2014 – whether payments made to the applicant under workers’ compensation law are loans – recovery of damages paid to reimburse workers’ compensation payments made not repayment of a loan – Income Tax Assessment Act 1997 (Cth) – s 59-30(3) – whether the lump sum damages awarded to the applicant represent compensation or damages for a wrong or an injury the applicant suffered in his occupation – decision under review is affirmed

 

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