DXGQ v CofT – Transfer Pricing dispute split between the Federal Court and the AAT (on primary tax and penalties) should be heard together

On 15 April 2020, the AAT decided (Deputy President (Justice) Steward) that an appeal on transfer pricing primary tax issues (in the Federal Court) and a review of the any resulting penalties, in the AAT should be heard together (and the AAT hearing ought not be deferred until after the primary tax amount had been…

SIS Regs amended to allow for early release of super for adverse effects of the COVID-19 pandemic

The Treasury Laws Amendment (Release of Superannuation on Compassionate Grounds) Regulations 2020 were registered on Thursday 16.4.2020] to amend the SIS Regs and RSA Regs to extend the compassionate grounds’ for early release of superannuation, to include members adversely affected by the COVID-19 virus.

See below for a summary.

[Tax Month – April 2020]