Understanding how the audit process works and the rights of the ATO and taxpayers can help smooth the way, as explained in this month’s Mid…
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An SPT is a trust upon the death of the testator. The superannuation death benefits are transferred to the trustee of the SPT (death benefit…
In Power and FCT (2014) AAT 343 the Australian Appeals Tribunal (AAT) refused to release the taxpayer from a tax liability based on hardship. What…
Effective from 1 July 2016, the Tax and Superannuation Laws Amendment (2015 Measures No. 6) Act 2016 (Cth) introduces a new foreign capital gains withholding…
Regulatory changes will apply as from 1 July, 2014 to Financial Advisers (FA) who provide Tax Advice in respect to Financial Products. What follows is…
TR2015/1 has been issued by the Australian Taxation Office (ATO). The ATO has addressed two of the special conditions which must be satisfied by certain…
The Australian Taxation Office (ATO) has issued a private binding ruling 1012582301006 suggesting that a favourable limited recourse borrowing arrangement by a self-managed superannuation fund…
