Zappia v Commissioner of Taxation [2017] FCA 390

INCOME TAX – whether taxpayer has discharged onus under Taxation Administration Act 1953 (Cth) s 14ZZO(b)(i) – whether notices of amended assessment excessive – whether funds distributed to taxpayer on revenue account – whether funds were transferred to taxpayer by way of loan – whether funds were held by taxpayer as nominee or bare trustee. Click here