TAXA5001 Study Guide - Midterm Guide: Capital Structure, Life Insurance, Determinative
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Koitaki para rubber estates v fct (1940) 64 clr 15. Malayan shipping co v fct (1946) 71 clr 156. Fct v united aircraft corporation (1943) 68 clr 525. C of t (sa) v executor trustee (carden"s case) (1938) 63. J rowe and sons v fct (1971) 124 clr 421. Arthur murray (nsw) v fct (1965) 114 clr 314. Egerton warburton v dfct (1934) 51 clr 568. Fct v sherritt gordon mines (1977) 137 clr 612. Scottish australian mining co v fct (1950) 81 clr. London australia investment co v fct (1977) 138 clr. Australasian jam co v fct (1953) 88 clr 23. Heavy minerals v fct (1966) 115 clr 512. California copper syndicate distinction between realisation of an asset and carrying a business. California copper principle: what is the operating process is a critical step in characterising a receipt as income or capital. Business is a purposeful activity of a commercial nature.
