On 19 June 2019, Mr Peter Murray of legal firm: Hall & Wilcox, presented his paper: ‘Taxation of Cryptocurrencies’ to the Melbourne Tax Discussion Group. This paper, and the slides he presented, are set out below. Many will be aware of Bitcoin and that it operates through software called ‘blockchain’. Similarly, many will know that…
The Coalition Government’s personal income tax plan, announced in the 2018 and 2019 Federal Budgets have been (respectively) legislated and merely announced – with the recently defeated Labor Opposition still divided as to whether to respect the re-elected Coalition Government’s mandate or oppose it. This article provides a succinct tabular summary of these enacted and…
On 20 June 2019, the Australian Financial Review published an article entitled: ‘Why the ATO is wrong to go after lawyers’, written by Clayton Utz partner: Ms Amber Augustin. The article contains a link, to another AFR article, which gives the ATO’s perspective on impediments to its investigations. But Amber goes on to explain that…
Each month the ATO updates its ‘Advice under development’ program summary. See below for details. FJM 31.5.19
T a x T e c h n i c a l – M o n t h l y N e w s – June 2019 Developments – This is a collection of developments in Australian tax law and practice that occurred in June 2019 which aims to be relevant to tax practitioners.[i] Compiled By F…