Tax administration July 2025

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Running Time: 11:32

Date: 01/07/2025

Wash sales of shares: Merchant v FCT [2025] FCAFC 56
No tax evasion so amended assessments out of time: Kirtlan and FCT [2025] ARTA 539
Tax debt cancelled on serious hardship grounds: VBNX and FCT [2025] ARTA 374

Peter McGinty, Chartered Accountants Australia and New Zealand