Notes Online
Welcome to Notes Online.
We offer chapters and articles for individual purchase and we hope you benefit from using our Notes Online.
Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
Price
$17.60
Document Type
Article
Pages
8
Notes Online Home 2021 Tax Schools Day 2 Major development for PSI and contractors in the 2021 income year
Recent decision confirms major ‘backflip’ with the PSI rules and the IT industry
This section of the seminar notes we explore the recent decision in Fortunatow’s case that confirms major backflip with the PSI rules and the IT industry:
- What were the facts in Fortunatow’s case?
- What was the key issue in need of consideration under the PSI rules?
- Decisions of the AAT and the Federal Court
- Full Federal Court concludes that taxpayer does not satisfy the unrelated clients test
- What does the decision in Fortunatow’s case mean for IT consultants under the PSI rules?