Donations tax - Trust - Awards mistakenly made ultra vires the powers of the trustees and set off against amounts owing by non-beneficiaries - Whether such awards attracted fiscal consequences. Case no 12167, judgment of the Tax Court, 27 August 2009

Journal Title :

The Taxpayer

Citation :

(2009) 58 Taxpayer 229

Subject :

Trusts and trustees

Gifts - Taxation

Ultra vires

Set-off and counterclaim

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