Forwood Down & Co Ltd v. Commissioner of Taxation (Western Australia)

53 CLR 403

Forwood Down & Co Ltd v. Commissioner of Taxation (Western Australia)

Court:
HIGH COURT OF AUSTRALIA

Judges: Rich J
Starke J
Dixon J
Evatt J
McTiernan J

Subject References:
Taxation and revenue
Dividend duties
Sale of lease and machinery
Profit from sale taken into profit and loss account

Legislative References:
Dividend Duties Act 1902 (WA) No 32 - Section 5; Section 6

Judgment date: 26 August 1935

PERTH


ORDERS

Appeal dismissed with costs.

ON APPEAL FROM THE SUPREME COURT OF WESTERN AUSTRALIA.