On Friday 10 July 2020, the ATO’s Tim Dyce (Deputy Commissioner – Private Wealth) emailed the National Tax Liaison Group (NTLG) advising them of an expanded Reportable Tax Position (RTP) Schedule lodgement requirement for large private companies from 1 July 2020. See below for details. [Tax Month – July 2020]
On 10 July 2020, the ATO ‘National Tax Liaison Group’ (NTLG) circulated its consultation report for June 2020. This contains a ’round up’ of various statistics, consultation matters, ‘stewardship groups’, ‘special purpose working groups’ and ‘stakeholder relationship groups’. See below for the table of contents and the whole ‘pdf’ document. [Tax Month – July 2020]
On 10 July 2010, the ATO’s Deputy Commissioner Tim Dyce, issued the following update on various COVID-19 concessions – prompted at least in part by Melbourne (and Mitchell Shire) returning to lockdown (and associated border and ‘leper effect’ factors hitting our economy). See below for the update. [Tax Technical – July 2020]
T a x T e c h n i c a l – M o n t h l y N e w s – July 2020 Edition – Tax developments for tax practitioners by a tax practitioner. Compiled by F John Morgan A member of the Victorian Bar (www.FJMtax.com) Table of Contents ______________________________________________________________________________ COMPILING…