TRA finds the disputants suppressed income
The Taxation Review Authority (TRA) found in favour of the Commissioner, confirming assessments made in relation to 10 payments Mr A and the company (the disputants) claimed were inheritance payments from Mr A’s grandfather’s estate in Afghanistan. The Commissioner argued the payments were business income from the disputant’s car parts business and made assessments on this basis. The TRA found the evidence supported the Commissioner’s position and the disputant’s had not satisfied their onus to show the assessments were wrong and by how much.
In addition, the TRA found in favour of the Commissioner in relation to the GST assessments that included the disputed deposits, disallowed disputed expenditure, and adjusted the disputant’s zero rating of exports.
Income Tax Act 2007, ss CA1(2), CB1, CE1(1).
Tax Administration Act 1994, ss 89, 138B, 149A(2).
Goods and Services Tax Act 1986, ss 3A, 8(1), 11(1), 20(1), 20(3).