GHP 104 160 689 v FCT  AATA 515
iNOW! has now covered a range of important interpretation themes. This little R&D case on ‘feedstock expenditure’ conveniently discusses several of them (at ) – importance of the text; the Act as a whole; context and purpose; policy issues (especially preconceived policy); composite expressions (see above); and statutory definitions.
A good way to refresh your understanding of things dealt with in previous episodes is to read relevant bits from this case – simply click on the link. iTip – to learn more, read further into the case to see how these principles played out in a practical tax setting.
This case is from Episode 5 of interpretationNOW!