CPT Custodian Pty Ltd v Commissioner of State Revenue; Commissioner of State Revenue v Karingal 2 Holdings Pty Ltd [2005] HCA 53
This was a land tax matter, which was heard by the High Court of Australia. A decision was handed down on 28 September 2005 in favour of the Taxpayer.
The issue concerned the Commissioner's entitlement to assess holders of units in land-holding unit trusts, and in unit trusts of which the trust fund is comprised of units in land-holding unit trusts.