Read the full judgment text of HCAL 000061/2009 on BabelCite. This High Court CFI judgment was delivered on 31 August 2009.
1. Kam Kiu complains that profits tax assessments were wrongly raised against it for the year 2002-2003. The Commissioner raised 3 alternative protective assessments: one for $4.8 million on additional assessable profits of $30 million; a second for $4.8 million on assessable profits of $30 million; and a third for $4.8 million on the basis of an estimated assessment of $30 million.