Retired law firm partner loses battle with ATO over final payments
Appeals 2023-07-13 4:18 pm By Gareth Baker Sydney
Please login to bookmark Close

A former law firm partner has lost his scrap with the Australian Taxation Office over exit payments he received on retirement, with a court ruling his $180,000 payout could not be offset against repayments made to the partnership’s capital account. 

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au