Australian commissioner will not appeal SNF comparables ruling
July 01, 2011
Sophie Ashley - TPW
The Australian Tax Office (ATO) will not appeal the Full Federal Court decision on comparables, which ruled in favour of the taxpayer, SNF, as the 28-day leave for the Commissioner to seek appeal has now passed.
The ATO is likely to issue a Decision Impact Statement summarising its views on the case, which stands as a significant loss to the revenue.
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