Brent v FCT (1971) 125 CLR 418; 71 ATC 4195
This case considered the issue of personal services income and whether or not the consideration received for the secrets involved in a person’s life story was assessable as ordinary income or was capital in nature. Furthermore if the income was assessable when it was earned or derived.
- Title
Update Required
To play the media you will need to either update your browser to a recent version or update your Flash plugin.
This recording is subject to Copyright
Purchase This is the preview only.
Please purchase to get access to the full audio summary.
Please purchase to get access to the full audio summary.