On 24.4.23, the ATO issued a ‘Decision Impact Statement‘ on the effect of the Full Federal Court case of CofT v Guardian AIT Pty Ltd atf Australian Investment Trust [2023] FCAFC 3. This appeal was watched closely, as it involved the ‘Trust Stripping’ anti-avoidance provision” s100A of the ITAA36, which is rarely litigated. At first instance…
In this article, Braith Morrow – Head of Advice, at First Samuel Limited, explores some of the misconceptions and key failings of superannuation. Whilst we maintain a positive view of superannuation on the whole, it’s important to understand its limitations and to take them into consideration in your holistic approach to the creation, consumption and eventual…
T a x T e c h n i c a l – M o n t h l y N e w s – April 2023 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…