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Tag Archives: tax deductions
Sportsperson management fees – tax deduction
As discussed back in 2007 at http://thomsonhall.com.au/wordpress/2008/01/16/tax-office-loses-2-court-cases-on-sportsperson-fees-appeals/ , the tax office originally denied tax deductions to 2 sportsperson for fees paid by them to their managers. The taxpayers challenged those decisions and won. We reported that the Tax Office was … Continue reading
Tax Office loses 2 court cases on sportsperson fees – appeals
Professional sportspersons often engage managers to, amongst other things, negotiate fees and conditions with team owners. The Australian Tax Office does not believe that these fees are tax deductible. On 23 November 2007, the Federal Court handed down decisions in … Continue reading