Back to Taxation Law
Hayes v FCT (1956) 96 CLR 47
This case considered the issue of ordinary income and whether or not a gift of shares to an employee of a company by the owner of the company was assessable as ordinary income for the accountants personal services to the company and the owner.
- 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.