TelePacific Pty Limited v Commissioner of Taxation [2005] FCA 158

FEDERAL COURT OF AUSTRALIA

TelePacific Pty Limited v Commissioner of Taxation [2005] FCA 158 INCOME TAX – deductions for losses incurred in prior taxation years – continuity of business test – change in beneficial ownership – whether change occurred before or after takeover of new business – same business test – involvement in same industry not sufficient – Income Tax Assessment Act 1936 (Cth) s 80E(1) ADMINISTRATIVE LAW – duty on Administrative Appeals Tribunal to state its findings of fact – whether duty complied with – consequences of non-compliance – Administrative Appeals Tribunal Act 1975 (Cth) s 43(2B)

Administrative Appeals Tribunal Act 1975 (Cth) ss 43, 44 Income Tax Assessment Act 1936 (Cth) ss 80, 79E, 80E, 80G Migration Act 1958 (Cth) s 430

Goodman Fielder Wattie Ltd v Federal Commissioner of Taxation (1991) 29 FCR 376 cited J Hammond Investments Pty Ltd v Federal Commissioner of Taxation (1977) 31 FLR 349 cited BTR Plc v Westinghouse Brake and Signal Company (Australia) Ltd (1992) 34 FCR 246 cited Copperart Pty Ltd v Federal Commissioner of Taxation (1993) 93 ATC 4779 cited De Domenico v Marshall (1999) 94 FCR 97 cited Minister for Immigration and Multicultural Affairs v Yusuf (2001) 206 CLR 323 followed Beringer Blass Wine Estates Ltd v Geographical Indications Committee (2002) 125 FCR 155 cited Appellant V324 of 2004 v Minister for Immigration and Multicultural and Indigenous Affairs [2004] FCAFC 259 cited Comcare v Mathieson (2004) 79 ALD 518 cited Tate v Repatriation Commission [2003] FCA 1169 cited Bisley Investment Corporation Ltd v Australian Broadcasting Tribunal (1982) 59 FLR 132 cited Collector of Customs v Pozzolanic Enterprises Pty Ltd (1993) 43 FCR 280 followed Minister for Immigration and Ethnic Affairs v Wu Shan Liang(1996) 185 CLR 259 followed Avondale Motors (Parts) Pty Ltd v Federal Commissioner of Taxation (1971) 124 CLR 97 followed Hope v Bathurst City Council (1981) 144 CLR 1 cited Fielder Downs (WA) Pty Ltd v Federal Commissioner of Taxation [1980] Qd R 283 cited TELEPACIFIC PTY LIMITED v COMMISSIONER OF TAXATION NSD 910 of 2004 SACKVILLE J SYDNEY 4 MARCH 2005