- Should the Bendel UPEs be treated as disguised dividends? The Full Federal Court in Bendel rejected the AAT approach to Div 7A extended loans but did they still emasculate what a extended loan can be?

The Full #FederalCourt #Bendel decision on appeal to #HighCourt stifles #anti-avoidance ext. loan framework in Division 7A so UPEs left unpaid escape #incometax as #disguiseddividends under it - Should the Bendel UPEs be treated as disguised dividends? tinyurl.com/2czfklmb #trusts #taxcases

Can't believe I found someone who also loves Henri Bendel bags. How cool to have a kindred spirit in handbags. Lol. #Henri #bags #Bendel