Labor would give employees a right to chase their own super and increase ‘fines’ for under-reporting to the ATOJanuary 22, 2019
Redundancy and early retirement scheme payments – Change to extend the current 65 age cap to match Age Pension eligibilityJanuary 22, 2019
CofT v Tomaras – High Court finds Family Court can order Tax Comr to substitute husband for wife re tax debtsJanuary 21, 2019
Reform of the PRRT – uplift rate for expenditure and removing ‘onshore’ projects – draft legislationJanuary 21, 2019
Large corporate groups income tax gap – latest figures to 2015-16 – down to $1.8b or 4%January 19, 2019
Corporate tax transparency report for the 2016–17 income year for public companies $100m turnover; private $200mJanuary 19, 2019
Queensland Maintenance Services case – AAT found ‘renovation compensation’ and ‘management fee’ expenses were not deductibleJanuary 19, 2019
Division 7A deemed dividends – a brief survey of the trouble it has caused from beginning to endJanuary 14, 2019
Simple, standardised super retirement disclosure document – Treasury issues ‘Consultation Paper’ with ‘retirement income risk measure’ paperJanuary 14, 2019
Foreign owners forced to sell 316 homes for $380 million, since ATO policed illegal acquisitions in 2015January 12, 2019
NZ to impose GST on the foreign supplier of low-value imported goods from 1 October 2019 – Bill introducedJanuary 12, 2019
APRA takes action against IOOF for failing to act in best interests of superannuation members etc.January 12, 2019
Williams v IS Industry Fund Pty Ltd – Super death benefit payable to the LPR as father had not been in an ‘interdependency relationship’ with his deceased sonJanuary 11, 2019
PCG 2018/8 – Commissioner will not apply audit resources to the 28.5% and 27.5% reduced company rate issuesJanuary 11, 2019
The Placer Dome case – The High Court’s approach to goodwill, going concern value and valued addedJanuary 11, 2019
WA stamp duty: Placer Dome Inc. case – High Court finds ‘landholder’ duty payable – land exceeded 60% as there was no ‘legal’ goodwillJanuary 9, 2019
Enterprise Incentives (No 1) Bill 2017 – Senate amendment to remove self assessed depreciation for in-house software and IP assetsJanuary 8, 2019
PCG 2018/D3 finalised as PCG 2018/9 on ‘central management and control’ – extending the ‘no ATO audit’ period to 30 June 2019January 8, 2019
Qld: payroll tax – Xede Pty Ltd & Ors v Comr of State Revenue – law didn’t allow a ‘sub-group’ of 4 dependent companies, to be excluded from the remaining 10 companies in a prima-facie group – even though relevantly independent of themJanuary 6, 2019
NSW Payroll Tax – Chief Comr of State Revenue v Boss Constructions (NSW) Pty Ltd – estoppel (to avoid Commissioner’s unconscionable change of position) could not alter the statutory 21 day period for setting aside a Statutory DemandJanuary 5, 2019
Vic: Vacant residential land tax’ and ‘absentee owner surcharge’ notifications due by 15 January 2019January 5, 2019
Vic Duty – Rotary Club of Melbourne Inc not a charity and land transfer duty payable – promoting “high ethical standards in business and professions” not relevantly ‘charitable’January 5, 2019
CofT v Cassaniti – Full Federal Court affirms PAYG amounts were “withheld” from salary or wages and the employee was entitled to tax credits under s18-15 of the TAA53January 4, 2019
EU compromise on ‘temporary’ digital tax blocked by group of European countries as 4 December 2018 deadline looms – whilst various states introduce their own or are getting ready toJanuary 4, 2019
Decision Impact Statement on Aussiegolfa case – non-arm’s length tenant, did not breach SMSF’s s62 ‘sole purpose test’ but ‘in-house asset’ test breached because the Sub-Trust was the relevant ‘fund’ for ‘related party’ definition purposesJanuary 4, 2019
‘Earn-out arrangements’ – ATO releases Discussion Paper on the tax treatment of rights that don’t qualify for the ‘look through’ approach provided for under Subdiv 118-IJanuary 2, 2019
