In Rodgers & Rodgers  FamCAFC 68, the Full Court considered the issue of whether it was appropriate to deduct the total future tax payable by a company owned by the husband and wife in determining the value of the parties’ net assets to then be divided between them as part of their final property settlement.
The parties’ assets comprised real property, chattels, an investment trust and a successful tourism business that was operated through a company/trust structure.
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