Commissioner Announces Overhaul of General Anti-Avoidance Provisions

In this article, the authors make reference to the High Court’s refusal to grant the Commissioner of Taxation special leave to appeal against the decision of the full federal court in RCI Pty Limited v. Commissioner of Taxation. They also go on to describe the government’s initiatives to overhaul the Australian anti-avoidance legislation, as well as recent cases that may have a connection with these initiatives.