NFPs urged to check guidance before applying for private rulings
The Tax Office has experienced a surge in requests for private rulings by non-charitable NFPs as the new reporting...
The Tax Office has experienced a surge in requests for private rulings by non-charitable NFPs as the new reporting...
The Tax Office has stressed that the main purpose of a community service organisation must be altruistic to be eligible...
Family trust elections and interposed entity elections “should not be set and forget” by trustees or their tax...
The decision does not change the Tax Commissioner’s view that schemes that include a trustee’s exercise of...
The ATO’s additional guidance on trust distributions shows this is an area it is likely to check closely, says a...
Tax professionals should ensure clients are aware of the broader scope of deductions covered under the fixed rate...
Investors incorrectly apportioning interest from investment loans and confusion between repairs and improvements are...
The insolvency and restructuring firm has announced that Nelson Huang has received his liquidator...
The finding that superannuation entitlements extend only to natural persons and not partnerships accords with...
Dealing with the Tax Office should now be seen as a regular cost of doing business, one expert says.
The outcome of the BPFN and Commissioner of Taxation provides the ATO an opportunity to take a more pragmatic approach...
The Tax Office will be given additional discretion as to how it treats the billions of dollars in on hold tax...
Grant Thornton partner Paul Banister says the Tax Office’s most recent update suggests it is not getting the...