Concession fees as allowable deductions : Commissioner of Taxation v Citylink Melbourne Ltd : case notes

The 2006 High Court decision in the case of Commissioner of Taxation v Citylink Melbourne Ltd (2006) 62 ATR 1282; [2006] HCA 35 concerns a much-litigated area of taxation law: whether expenses are revenue and thus deductible or capital and therefore not deductible. The case also considers the issues of whether a deduction has been 'incurred' and whether is it 'properly referable' to the income years in question.