SA land tax: Girardi v Comr of State Taxation – appeal prohibited unless tax is paid or hardship relief sought [119]

The SA Supreme Court has held that a taxpayer’s appeal concerning a land tax assessment was incompetent. The Commissioner had assessed the taxpayer as being liable for land tax of some $99,000 in relation to a property. The taxpayer lodged a notice of objection (which the Minister had not yet determined). The taxpayer then lodged…

OECD Economic Outlook on Australia: tax changes might be needed [130]

According to the OECD’s latest Economic Outlook released yesterday [Wed 29.5.2013], the global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis. Historically high unemployment remains the most serious challenge facing governments, the OECD said. Concerning Australia, the OECD said GDP growth is…

NSW stamp duty: Trethowan v Chief Comr of State Revenue – transfer of property cancelled, so duty assessment set aside [117]

The NSW Supreme Court has allowed a taxpayer’s appeal against a duty assessment after finding that the transfer of property had been cancelled and that the relief under s 50A(1) of the Duties Act 1997 (NSW) was applicable in the circumstances. The matter concerned 3 adjacent lots for which the taxpayer’s husband was the registered proprietor.…

NSW payroll tax: Chief Comr of State Revenue v Print National Pty Ltd – taxpayer can object to notices to third parties to obtain facts for group assessment [113]

The NSW Court of Appeal has held that a taxpayer was entitled to object to a decision of the Chief Commissioner of State Revenue (NSW) to issue notices to third parties to ascertain taxable facts of the taxpayer for payroll tax purposes. The matter concerned legal proceedings before the NSW Administrative Decisions Tribunal between the…

2012-13 tax return forms, schedules, and accompanying guides released [129]

The Tax Office has released the following tax return forms, schedules and accompanying guides for the 2012-13 financial year: Tax Time 2013 – Information on key changes in 2012-13 Business industry codes 2013 CGT schedule 2013 Company tax return 2013 Consolidated group losses schedule 2013 Consolidated group losses schedule instructions 2013 Dividend and interest schedule…

NSW stamp duty: Zhuang & Ors v Chief Comr of State Revenue – new 20% purchaser lead to contract being taxed and transfer being taxed again [116]

The NSW Administrative Decisions Tribunal has held the “no double duty” concession under s 18 of the Duties Act 1997 (NSW) did not apply to a transfer of a property to 3 taxpayers. On 17 December 2009, 2 of the taxpayers, a married couple (BZ and JY) entered into a contract to buy a property. They subsequently wanted BZ’s…