CofT v ACN 154 520 199 Pty Ltd (in Liquidation) – Gold bullion GST case – Federal Court reverses AAT order that the Commissioner produce internal advice on the ‘no refining issue’ on the basis that it ‘relevant’ to the ‘penalties’ issues

On 3 August 2018, the Federal Court has struck down, as invalid, the AAT’s earlier order, that the Commissioner produce certain internal advices, that the Taxpayer believed agreed with the stance it took on whether gold could be re-refined, for GST purposes. The AAT concluded that they were ‘relevant’ to its review of the objection…

Think the Black Economy measures won’t affect you? Think again – ‘Statements of Tax Record’ down supply chain for bidders on Commonwealth Contracts

An article in KPMG’s Daily Tax News: 6 August 2018, by Keith Swan, Partner; Jacqueline McGrath, Senior Manager; George Hempenstall, Consultant, Tax Dispute Resolution & Controversy Key questions remain for a proposal to screen the tax record of potential bidders on Commonwealth government contracts. From 1 July 2019, businesses may be required to produce a Statement…

Tax Practitioners Board welcomes new Secretary/CEO – 30 year public servant lawyer coming from ATO ‘risk officer’ background

On Monday 6 August 2018, the Chair of the Tax Practitioners Board: Mr Ian Taylor, welcomed a new Secretary/Chief Executive Officer; Mr Michael O’Neill, to the role. Mr O’Neill is a taxation lawyer with close to 30 years of public service experience: joining the Board from the Australian Taxation Office (ATO), where he was Chief…