Federal Court partially sides with taxpayer in GST apportionment case

Angelina Lagana, Anthony Versace, Majella Crowe and Louise Giorgini discuss the Federal Court decision in Hannover Life Re of Australasia Ltd v Commissioner of Taxation [2023] FCA 680.

KPMG Law acted for the taxpayer in respect of the Federal Court decision, which was handed down on Tuesday 27 June, to partially allow an appeal made by Hannover Life Re of Australasia Ltd. The case concerned the question of whether, and to what extent, an entitlement to input tax credits under the A New Tax System (Goods and Services Tax) Act 1999 (Cth) (GST Act) exists in relation to certain acquisitions made. Two substantive issues were decided in this case, being: whether the ac...

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Authors: Angelina Lagana, Anthony Versace,

Published Date: 27 June 2023