A range of specific rules need to be considered when using an SMSF to acquire assets as a property investment.
Revenue NSW has dramatically increased its enforcement efforts in relation to surcharge purchaser and land tax duties.
Cooper Grace Ward
The case has important lessons for advisers acting for trusts distributing capital gains to non-resident beneficiaries.
Draft ruling considers whether receipts from the licensing & distribution of software qualify as royalties.
NSW government provides COVID support in the form of land tax relief & temporary changes to payroll tax.
The tax rules and considerations surrounding commercial properties are quite complex and often not fully understood.
Proposed new regime gives purchasers the ability to choose to pay stamp duty or to pay a smaller annual property tax.
The ATO has wide and discretionary debt recovery powers to recover tax liabilities from you, even if you wish to object.
Part 1 of this series includes the first 4 things you should know about the recent NSW property tax system proposal.
PCG 2021/D4 sets out the ATO's compliance approach to the taxation of international related party intangible arrangements.
This guide summarises some of the key tax planning tips for businesses which should be considered before 30 June 2021.
The article considers tax ramifications of buying and selling cryptocurrency - as an investment or as trading stock.
This tax initiative aims to encourage innovation entities to grow and elevate their creative projects in Australia.
Consider the income tax rollover provisions & applicable stamp duty implications. Most common rollovers discussed.
Corrs Chambers Westgarth
Despite early speculation, the NSW Budget does not mention phasing-out stamp duty in lieu of a ‘property tax' regime.
The best outcome of an ATO audit is being able to show to the ATO that your tax affairs are in order and compliant.
ATO Practice Statement 2021/2 provides an explanation of when the Commissioner of Taxation can retain taxpayer refunds.
The international tax rules are being reformed to cope with the increasing digitalisation of business.
McCarthy Durie Lawyers
The ATO announced that it has been cracking down on the profits made from cryptocurrency investing and trading.
The NSW Government is proposing major changes to property transfer duty and has sought feedback from the public.