This week’s session examines the Queensland Court of Appeal’s decision in Staley v Hill Family Holdings Pty Ltd [2025] QCA 95 and its implications for the concept of “substratum” in determining whether a trust variation constitutes a resettlement. The case highlights...
This week we move from the Anthropic case to Andersen et al v Stability AI Ltd in the United States, a case that directly raises whether AI training involves simple “vectorisation” (statistical abstraction) or “compression” (storing compact but recognisable copies)....
We have explored an introduction to how large language models (LLMs) function, with a particular focus on tokenization, vector representations, and the idea of whether these models truly “compress” text as part of their process. We’ll be continuing on with our...
Due to a combination of illness, travel commitments, and general availability, we’ve decided to take a short mid-semester break from our weekly tax training sessions. We’ve had strong interest in our upcoming session on Anthropic, Fair Use, and the Nature of...
We continue our exploration into the question: can a journal entry constitute a payment? While last week’s case (DFC of T v Black) addressed the limits of unilateral forgiveness and the meaning of “payment” in the context of accounting entries, this week...
We have finished our analysis of what is money and now turn to consider what is a payment. In particular, we want to examine if and when a journal entry can constitute a payment. The first case we will look at is Deputy Federal Commissioner of Taxation v Black. This...
