YCNM and Commissioner of Taxation (Taxation) [2019] AATA 1592

TAXATION – characterisation of settlement payment made by insurer under deed of release – claim under group salary continuance insurance policy – complaints about conduct of insurer - whether the settlement sum is ordinary income – whether CGT exemptions in s 118-37 or s 118-300 apply – settlement sum apportionable - decision set aside and remitted for reconsideration

Full decision here