Court of Appeal Wellington
15, 16 June; 16 December 1982
Woodhouse P, Cooke and McMullin JJ
15, 16 June; 16 December 1982
Woodhouse P, Cooke and McMullin JJ
Income tax — Avoidance — Farmer created unit partnership with family trust — Farm became partnership asset — Farmer retained the management and control of the farming operations but stabilised his interest in the farm and the income from it — Whether arrangements were void under s 108 of the Land and Income Tax Act 1954.
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