The issues in these appeals was the disallowance by the Commissioner of deductions claimed by the taxpayer for the income year 1982-85 inclusive. The deductions fell into two categories; payments made by the taxpayer to fund research carried on by the Queensland Institute of Technology (QIT) (the first period); and expenditure incurred thereafter by the taxpayer (the second period).
Background
Decision
The appeals were allowed in part:
Click here to view the Goodman Fielder Wattie Ltd v Federal Commissioner of Taxation Case.