Commissioner of Taxation v Messenger Press Proprietary Limited

• 1. Taxation
  2. › Income tax
  3. › Deductions
  4. › Currency exchange losses
  5. › Division 3B of Part III of Income Tax Assessment Act 1936 (Cth)
  6. › Whether loss 'realised' within s 82V(2)(b)
  7. › Whether actual exchange of currencies required
  8. › Whether discharge of foreign currency debt by tender of promissory note obtained through Australian dollar expenditure sufficient
  9. › Income Tax Assessment Act 1936 (Cth), ss 82U, 82V, 82Y, 82Z
• 1. Taxation
  2. › Income tax
  3. › Deductions
  4. › Currency exchange losses
  5. › Loss incurred 'under an eligible contract'
  6. › Whether contract must require or facilitate exchange of currency
  7. › Income Tax Assessment Act 1936 (Cth), ss 82V, 82Z

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