S M Ho & K W Loh & T T Low & W W Orr and Commissioner of Taxation (Taxation) [2018] AATA

GOODS AND SERVICES TAX – sale of property – subdivision of property - whether property is the supply of a going concern – whether margin of sale made correctly – whether default assessment made correctly – whether sale of property was an input taxed supply – whether shortfall penalty correctly imposed – whether default assessment penalty correctly imposed – estoppel - decision varied

Full decision here