Daily Archives: November 10, 2019

Addy v FCT – UK Taxpayer protected from ‘backpacker tax’ by DTA ‘anti-discrimination’ clause

On 30 October 2019, His Honour: Justice Logan, in the Federal Court, held that a UK backpacker did not have to pay the ‘backpackers tax’ on her Australian income – because the ‘anti-discrimination clause, in the relevant Double Tax Agreement, prevented it. See also related Tax Technical article. See below for a summary of the…

Financial Synergy Holdings Pty Ltd v FCT – Article in the Australian Tax Forum: Clash of the deeming provisions: pre‑CGT concessions, tax consolidation and policy in the Federal Court

The Australian Tax Forum, published an article about the Full Federal Court decision about the Financial Synergy Holdings Pty Ltd v FCT case – entitled: “ Clash of the deeming provisions: pre‑CGT concessions, tax consolidation and policy in the Federal Court”. This was in Volume 31 (2106) and was written by: Carlos Barros, Eu‑Jin Teo and Sarah…

IGT commences two investigations – factors in growth of undisputed tax debts & ATO systems and processes for dealing with deceased estates

On 31 October 2019, the new Inspector-General of Taxation, commenced two new investigations:  An investigation and exploration of undisputed tax debts in Australia; and Death and taxes: An investigation into ATO systems and processes for dealing with deceased estates See below for details. FJM 10.11.19 [Tax Month – October 2019]  

ATO gets ‘freezing order’ for assets of a 2nd Chinese national – Ms Min Wang, to whom the ATO has issued a $103m assessment (her company says its development of 72 story tower in Melbourne is unaffected)

On 30 October 2019, the Australian Financial Review published an article by Janna Mather and Liz Main, titled: Chinese developer’s assets frozen over $100m tax bill. See below for article. FJM 9.11.19 [Tax Month – October 2019]