ARTICLE
1 March 2010

Emerging Business, Innovation and Tax for 2010

A lot has happened since our last issue of EBIT in November last year. On 1 January 2010, Deacons Australia merged with international legal practice Norton Rose Group to become Norton Rose Australia.
Australia Corporate/Commercial Law

Introduction

Welcome to the first issue of EBIT (Emerging Business, Innovation and Tax) for 2010.

A lot has happened since our last issue of EBIT in November last year. On 1 January 2010, Deacons Australia merged with international legal practice Norton Rose Group to become Norton Rose Australia.

The merged Norton Rose Group is the largest international firm in the Asia-Pacific region, and gives us access to an integrated network of Norton Rose offices at 30 locations in 23 countries throughout Australia, Asia, the UK, Europe and the Middle East.

In this edition:

When is a "phantom" share plan better than the real thing?

We consider the benefits of phantom share plans in the light of recent changes to the taxation of employee share and option plans in Australia;

Are Franchisors caught by the Tax Agent Services Act 2009 (Cth)?

We look at the risk to franchisors of being caught by the Tax Agent Services Act 2009 (Cth) in relation to the services provided to franchisees;

Australia: start preparing now for new health and safety laws

Norton Rose Australia partner, Barry Sherriff, examines the new Work Health & Safety Act ('the model Act'), approved on 11 December 2009. Barry was a member of the government panel on whose recommendations the model Act is based; and

National Consumer Credit Protection Act 2009

We count down to the commencement of the National Consumer Credit Protection Act 2009 and the deadlines that must be met.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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