Testamentary Trust and Taxes (March 2019)

At The Tax Institute’s March 2019 National Convention, in Hobart, Ms Dung Lam, CTA of Argyle Lawyers Pty Ltd, presented his paper, entitled: Testamentary Trust and Taxes.   EXTRACT 1 Introduction The title of this paper is ‘Testamentary Trusts and Taxes’ and one may presume that the speaker is motivated to spruik testamentary trusts because of…

What’s Hot in State Taxes (March 2019)

In March 2019, at the The Tax Institute’s National Convention, in Hobart Ms Leah Ranie presented a paper, which she co-authored with Stuart Courtney, Ari Rosenbaum and Greg Protector, all of King & Wood Mallesons, Lawyers. The paper was entitled: What’s Hot in State Taxes.   EXTRACT 1 Introduction The 2018 – 2019 year to date…

Taking the CGT path less travelled – SME Stream

At The Tax Institute’s March 2019 National Convention, in Hobart, Ms Linda Tapiolas; Partner, Cooper Grace Ward Lawyers presented her paper, entitled: Taking the CGT path less travelled.   EXTRACT 1 Introduction There are a number of CGT events which are sometimes overlooked or restructures which are undertaken which may have a significant impact when determining…

When does ‘tax advice’ become ‘legal advice’ and thus ‘unqualified legal practice’?

Key Points: Mr John Morgan, of the Victorian Bar, delivered a paper, at the Tax Institute’s 2019 National Convention, in Hobart in March. It was titled: “When does ‘tax advice’ become ‘legal advice’ and thus ‘unqualified legal practice’? ” He concluded that, subject to the Tax Agents Services Act 2009 (Cwth) (TASA 2009) being constitutionally valid,…

Invalid objections to GST private rulings?

  Invalid objections to GST private rulings? It is my pleasure to present this week’s preamble while Bob takes a well-earned break. Late last year, The Tax Institute raised an issue with the ATO in relation to objections to GST-related private rulings. The issue concerned the interpretation of subsection 359-60(3) of Schedule 1 to the…

EU: announces new VAT rules for e-commerce – on-stop shop registration and ‘large online market places’ liable

Key Tax News – On 11 December 2018, the European Commission announced new details for a coordinated, EU wide, VAT system for sale of goods by ‘large online market places’, into the EU, using a single ‘one-stop-shop’ approach, to registering, for sales into any and all EU member states (based on the e-services’ model already in…