The Law Reports (Appeal Cases)
[1936] AC 497
[PRIVY COUNCIL.]
PAYNE APPELLANT; AND DEPUTY FEDERAL COMMISSIONER OF TAXATION RESPONDENT.
ON APPEAL FROM THE HIGH COURT OF AUSTRALIA.
1936 June 23.
VISCOUNT HAILSHAM L.C., LORD RUSSELL OF KILLOWEN, LORD WRIGHT M.R., SIR ISAAC ISAACS, and SIR GEORGE RANKIN.
Australia
— Revenue
— Income tax
— Income received in England
— Not remitted to Australia
— Assessment to Federal income tax
— Rate of exchange
— Assessable income to be expressed in terms of Australian currency
— Method of calculation
—
Income Tax Assessment Act, 1922 (No. 37 of 1922), as amended by No. 50 of 1930, ss. 4, 13, 32, 35
—
Income Tax Act, 1931 (No. 24 of 1931), ss. 2, 3, 4, 6.