Initial issue of shares to 18 unrelated investors in a Victorian ‘landholder’ was subject to duty – Court of Appeal agrees all 18 were part of an ‘associated transaction’August 17, 2024
Horse racing Racing clubs liable for SGC on jockeys’ riding fees – jockeys deemed an ’employee’ under s12(8) as ‘as performers paid to participate in a sport’August 17, 2024
Tax Advice and Tax Controversy – Lawyers compared with Tax Agents after the recent (onerous) TASA changesAugust 17, 2024
PCG 2018/4 (update) – LPR’s personal liability if estate assets distributed with notice of ATO claimApril 12, 2024
Bechtel Australia Pty Ltd v FCT – Employer paid long distance travel for FIFO employees was subject to FBT – the “otherwise deductible” rule did not apply under the anomalous ‘home to work’ travel rulesApril 3, 2024
Assessing the impact of the TASA changes on the tax agents profession (in the wake of the PwC scandals and intervention by the TPB, the Senate Committee and others)April 1, 2024
Mylan Australia Holding Pty Ltd v FCT (No 2) – Part IVA did not apply to intra-group funding arrangement – ‘tax benefit’ under counterfactual but not the ‘dominant purpose’March 22, 2024
Safeguarding against cybercrime: what your professional organisation expects and the resources they offerMarch 22, 2024
Understanding how taxing capital gains, on shares or units, can be affected by the nature of the underlying assets and vice versa (CGT event K6, s115-45 and Div 149)March 21, 2024
‘Nuisance tariffs’ – abolishing them gives some insight into making our other taxes more efficient March 15, 2024
The PwC story keeps giving – the battle between the ATO and the TPB over their investigation of leaked confidential Treasury informationFebruary 15, 2024
Federal Budget – new tax rates (Stage 3 cuts remain), revised Medicare exemption thresholds and new Medicare lump sum arrears exemptionMay 14, 2023
The 2023 Federal Budget – Small Business support; Pillar 2 (min 15% tax on worldwide earnings); additional 15% tax on earnings on super balances over $3m; expanded Part IVA (GAAP)May 12, 2023
DIS on CoT v Guardian – Full Federal Court applied Part IVA but confirmed s100A did not apply (but it might in other circumstances)April 29, 2023
The consultation over the proposed ‘objective’ of super overlooks the existing legislation prescribing the ‘sole purpose’ of a complying superannuation fundApril 23, 2023
Section 100A ‘reimbursement agreements’ – recapping the section, the ATO guidance and some takeaways – TR 2022/4 & PCG 2022/2April 22, 2023
The High Court’s CFMEU and Jamsek decisions and the ATO’s efforts to revise its rulings and guidance material on ’employee’ v’s ‘contractor’ lawApril 21, 2023
Reform of the superannuation fund ‘Non-arm’s Length Expenditure (NALE) rules (finally)- Consultation Paper releasedJanuary 25, 2023
