Catchwords:

TAXATION – appeal from the decision of the primary judge dismissing an appeal under s 14ZZ of the Taxation Administration Act 1953 (Cth) – where appellant claimed deduction for a loss under Div 230 of the Income Tax Assessment Act 1997 (Cth) (ITAA 1997) – whether the appellant had a “financial arrangement” as defined in s 230‑45 of the ITAA 1997