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Tax cases: Limitation periods and statute-barred debts

Published on 01 Mar 16 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Where a debt had been outstanding for more than six years, did the statute of limitations have the effect of extinguishing the debt? How did this fit with the small business concessions?

Author profile

Michael Norbury CTA
Michael has over 25 years experience in the areas of commercial law, revenue law (income tax, state taxes, GST, international tax), and estate planning. As an accomplished practitioner in the commercial area, Michael advises clients on an array of matters relating to taxation and revenue and general commercial issues in industries, including retail, energy, manufacturing and telecommunications. Michael is a member of The Tax Institute's Victorian State Taxes Subcommittee. After more than 10 years at Madgwicks, Michael is a Partner at Norbury Lawyers. - Current at 04 September 2019
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