28 Apr 2008
CHINA NAME LTD v. THE COMMISSIONER OF INLAND REVEUNE
- Citation
- CHINA NAME LTD v. THE COMMISSIONER OF INLAND REVEUNE
- Court
- Court of Final Appeal
- Case number
- FACV29/2007
The Board's adverse factual finding that the taxpayers did not genuinely intend long-term redevelopment and lacked financial ability was a permissible finding of fact; on those findings the taxpayers failed to discharge the statutory onus under s.68(4) to show the assessments were excessive or incorrect; no clear s.66(3) consent was shown to permit a new ground after close of evidence; accordingly the appeals were dismissed.