This article attempts to unravel the complexities of the High Court's recent pronouncements on the scope of the capital gains provisions in Hepples v FC of T. While four members of the Court believed the subject receipts taxable, the Court nevertheless held in the taxpayer's favour.
"The Ongoing Saga of the "Terrible Twins" : Observations on Hepples v FC OF T,"
Revenue Law Journal:
2, Article 1.
Available at: http://epublications.bond.edu.au/rlj/vol2/iss2/1