Family succession traps
There are complex tax rules when dealing with company shares. Practitioners should be aware of the relevant legislation and if unsure, seek specialist advice.
Tax stings and GST tales of woe
There are multiple different GST scenarios requiring separate analysis. According to Jim Main, taxpayers must be careful when using the margin scheme and the going concern exemption….
The latest from the High Court: February 2017
Reporting and analysis of the latest key judgments from the High Court of Australia. By ANDREW YUILE.
Tax sting: super fund property sale anguish
Everything related to the normal conduct of a complying superannuation fund is an enterprise for GST purposes. By JIM MAIN.
New GST laws impact legal services for non-resident clients
From 1 October 2016, legal services may be GST-free in a broader range of circumstances. The reforms potentially benefit both non-resident clients and law firms….
Why you must consider GST before closing a deal
Familiarity with GST legislation and rulings is essential. There are surprises in store for the unwary. By JIM MAIN.
Tax exemptions: hidden duty stings
CGT exempt doesn’t necessarily mean NSW duty exempt. By JIM MAIN.
Disproving tax fraud or evasion: the onus is on you
Knowing what to do if the Commissioner of Taxation forms a fraud or evasion opinion is no academic exercise. By LOUISE McBRIDE.
Stamp duty exemptions: hidden tax stings
Freedom from stamp duty does not necessarily mean freedom from tax or GST. By JIM MAIN.
Trusts and hidden tax stings
Always be careful dealing with trusts. By JIM MAIN.
Practical aspects of the new foreign resident CGT witholding tax
The new foreign resident CGT withholding tax applies to sales contracts entered into on or after 1 July 2016. By DUNG LAM and ALEX WHITNEY.