Mondaq Australia: Tax
The classification of premises as either RP or CRP for GST purposes has long been an area of unnecessary complexity.
The new Budget expects some businesses to pay tax before receiving payment from customers, creating cashflow problems.
The draft reforms may allay investor concerns about tax losses, when the ownership of an infrastructure project changes.
The Government has released exposure draft legislation that could result in the FBT tax rate increasing to 47 percent.
Proposed changes to the tax system aim to remove opportunities for foreign investors to transfer profits from Australia.
Foreign residents are again targeted in proposed changes to the CGT rules and a proposed new withholding tax regime.
Expenditure on the acquisition of mining rights and information will in future be depreciated over the life of the mine.
Overview major Budget announcements in Australian Federal Budget 2013/14
Several recent cases in front of the Administrative Appeals Tribunal have highlighted the importance of keeping good records.
The proposed amendments aim to restrict the application of the 50 percent CGT discount to Australian residents only.
The FBT season has rolled around once again.
A consolidated and updated version of GSTR 2002/5 was issued, dealing with when a supply of a going concern is GST free.
A decision regarding the definition of "land" has implications for anyone investing in the energy and resources sector.
Exposure draft legislation aims to tax provide relief from any adverse effects of the mandatory transfer of super funds.
Our specialist advisors have been helping clients reduce their FBT liability while maintaining an efficient service.
This paper addresses issues in applying the GST-free going concern provisions, specifically to property transactions.
The proposed changes make personal income tax return compliance more complex and are against stated Government policy.
The ATO seems to have changed its view on how to determine if premises are residential or otherwise, for GST purposes.
Recent draft legislation formalises the Budget pledge on foreign individuals not being entitled to the CGT discount.
[interview] The speaker explains the potential effects of the ATO's new independent review process to resolve disputes.
Most Popular Recent Articles
Exemptions or concessions on stamp duty could apply when contemplating the purchase or transfer of NSW real estate.
The government has announced possible future reforms to superannuation legislation, unlikely before the 2013 election.
This article highlights some of the issues that a non-US foreign financial institution will face as a result of FATCA.
A summary of recent cases & legislative changes in the areas of customs and trade.
The proposed changes make personal income tax return compliance more complex and are against stated Government policy.
Overview major Budget announcements in Australian Federal Budget 2013/14
Hidden behind the Government's headline spending measures are important tax and super changes that will affect business.
A consolidated and updated version of GSTR 2002/5 was issued, dealing with when a supply of a going concern is GST free.
ATO updated the reasonable food component of a LAFHA for expatriate employees into Australia and domestic transfers.
The NSW Government has again deferred the abolition of duties that were due to be abolished in New South Wales on 1 July.
