Professional Partnerships - The Next ATO Target
On 22 November the Australian Taxation Office (ATO) released a Taxpayer Alert looking at professional partnerships in which the partners are, or as the ATO puts it, ‘purport to be’ trusts rather than…
Leases, GST and the Commissioner’s Last Hurrah
The Commissioner is on the back foot after the recent decision in MBI Properties Pty Limited v Commissioner of Taxation (“MBI”). Unsurprisingly, the Commissioner lodged an application for special…
Clear Thinking Needed on WET Rebate for Blends
Addressing industry confusion surrounding “earlier producer” provision
WET drying up for some?
ATO, industry move to tighten rebate requirements
ATO targetting WET Producer Rebate compliance
Focus on "associated producers"
Superannuation: Excess Contributions Tax & Special Circumstances
Following the introduction of the more limited superannuation contribution caps from 1 July 2009 (concessional contribution cap for members under 50 years – $25,000; and for members over 50 years –…
DWFT Report
The DWFT Report is a comprehensive publication containing news, commentary and analysis of significant contemporary legal issues impacting the Australian business community.