Sargents Charitable Foundation v Chief Commissioner of State Revenue [2005] NSWSC 659

New South Wales Supreme Court

Sargents Charitable Foundation v Chief Commissioner of State Revenue [2005] NSWSC 659 CITATION : This decision has been amended. Please see the end of the judgment for a list of the amendments.

HEARING DATE(S) : 21/06/05

JUDGMENT DATE : 11 July 2005

JURISDICTION : Equity Division

JUDGMENT OF : Gzell J

DECISION : Taxpayer's summons dismissed

CATCHWORDS : TAXES AND DUTIES - Stamp duties - The former s 275 of the Duties Act 1997 granted an exemption from duty on dutiable transactions by a society or institution that performed certain charitable or benevolent functions - Whether a corporate trustee of a charitable trust is a society or institution

Duties Act 1997 Income Tax Assessment Act 1936 (Cth) LEGISLATION CITED : Taxation Administration Act 1996 Associations Incorporation Act 1984

Mayor etc of Manchester v McAdam [1896] AC 500 Minister of National Revenue v Trusts and Guarantee Co [1940] AC 138 Stratton v Simpson (1970) 125 CLR 138 CASES CITED : Incorporated Council of Law Reporting (Q) v Federal Commissioner of Taxation (1967-1971) 125 CLR 659 Commissioner of Land Tax (NSW) v Joyce (1973-1974) 132 CLR 22 Pamas Foundation (Inc) v Commissioner of Taxation (1992) 35 FCR 117

Sargents Charitable Foundation Ltd - Plaintiff PARTIES : Chief Commissioner of State Revenue - Defendant

FILE NUMBER(S) : SC 5109/04

Mr D Warren/ Ms N Obrart - Plaintiff COUNSEL : Mr I Mescher/ Mr G Donnellan - Defendant

Otto Stichter & Associates Solicitors SOLICITORS : I V Knight Crown Solicitor