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- Rat racers pack up and go skiing.
- Byline: Caitlin O'Toole and Fleur Anderson and Mathew Dunckley Jul 16, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The spheres of both politics and business in Australia have become noticeably quieter in mid-July 2007. The timing of school holidays in most...
- Research articles 2007-07-16
- ATO weighs appeal on refunds ruling.
- Byline: Patrick Durkin Jul 09, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Taxation Office ATO is considering an appeal against a court ruling. The Federal Court of Australia decided that a forfeited deposit was not subject to goods and...
- Research articles 2007-07-09
- Industry awaits tax buyback paper.
- Byline: Fleur Anderson Jul 09, 2007 (The Australian Financial Review - ABIX via COMTEX) -- A discussion paper on the favourable taxation treatment of off-market share buybacks in Australia is expected to be released around mid-July 2007. The concession cost the Australian Taxation Office...
- Research articles 2007-07-09
- GST court loss opens door to more claims.
- Byline: Patrick Durkin Jul 08, 2007 (The Australian Financial Review - ABIX via COMTEX) -- There has been a key legal ruling on the goods and services tax GST in Australia. On 5 July 2007, the three judges of the Federal Court of Australia...
- Research articles 2007-07-08
- ATO, Richardson told to hurry up.
- Byline: Rachel Nickless Jul 01, 2007 (The Australian Financial Review - ABIX via COMTEX) -- A judge in Australia has criticised the very slow pace of a tax investigation. Former MP, Graham Richardson, is fighting a claim by the Australian Taxation Office ATO that...
- Research articles 2007-07-01
- Judge castigates Richo tax case for slow progress.
- Byline: Susannah Moran Jul 01, 2007 (The Australian - ABIX via COMTEX) -- The Federal Court of Australia's Justice Richard Edmonds has called for a tax dispute to be brought to court as soon as possible. The case centres on an appeal against...
- Research articles 2007-07-01
- Fringe benefit changes add to confusion.
- Byline: Patrick Durkin Jun 27, 2007 (The Australian Financial Review - ABIX via COMTEX) -- A new tax ruling in Australia could be confusing. The Australian Taxation Office ATO has issued a draft ruling about minor work benefits. Employer gifts, such as Christmas gifts...
- Research articles 2007-06-27
- Handy websites.
- Jun 18, 2007 (The Australian - ABIX via COMTEX) -- There are many useful links for taxation-related information, including the Australian Taxation Office ATO. Besides www.ato.gov.au, there is a Business Entry Point, www.business.gov.au; the Taxation Institute of Australia, www.taxinstitute.com.au; Australian Tax Practice, www.atp-online.com.au; and Flinders...
- Research articles 2007-06-18
- [950] Renounceable rights to convertible preference shares; share buy-back.
- Byline: Lisa Mak Jun 05, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- On 23 May 2007, the Australian Taxation Office released two class rulings. The new rulings are: CR 2007/42 Renounceable rights to convertible preference shares issued by Hutchison Telecommunications Australia;...
- Research articles 2007-06-05
- Nightmares in red tape.
- Byline: Nicholas Gruen Jun 05, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The amount of red tape strangling businesses in Australia is proliferating. Neither of the major political parties has learned how to reduce it. There are so many examples of...
- Research articles 2007-06-05
- Healthy returns.
- Byline: Barbara Drury May 29, 2007 (The Age - ABIX via COMTEX) -- Australians are entitled to claim a tax rebate if their out-of-pocket medical expenses for a given financial year exceed $A1,500. The 20 per cent tax offset applies to medical expenses that...
- Research articles 2007-05-29
- Canberra's gagging us, say charities.
- Byline: Matt Wade May 29, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- The Australian Taxation Office ATO has stripped Aidwatch of its status as a charity. The ATO has attributed the decision to Aidwatch's involvement in political activities and to its...
- Research articles 2007-05-29
- Foreign private equity raids may cost Australia dearly, says tax chief.
- Byline: Nassim Khadem May 29, 2007 (The Age - ABIX via COMTEX) -- Australian Taxation Commissioner, Michael D'Ascenzo, says overseas-funded takeovers by private equity groups may result in a significant loss of tax revenue. D'Ascenzo told a Senate estimates committee that the Australian ...
- Research articles 2007-05-29
- [854] Garnishee notices invalid as no assessment served.
- Byline: Ian Murray-Jones May 21, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Federal Court of Australia has heard "Shail v FCT". The court ruled that garnishee notices released by the Australian Taxation Office ATO regarding the sale of property owned by...
- Research articles 2007-05-21
- [839] ATO Decision Impact Statement on diesel fuel rebate case.
- Byline: Lisa Mak May 21, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- A Decision Impact Statement has been issued by the Australian Taxation Office. The agency reveals that it supports the ruling in "Ergon Energy Corporation Limited v FCT" and the...
- Research articles 2007-05-21
- Pre-filing frees ATO to focus on more taking matters.
- Byline: Elizabeth Kazi May 09, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The 2007-08 Australian Budget, announced on 8 May 2007, includes $A20m spending on electronic tax returns. The funding will go towards implementing a new process of pre-filing returns. The...
- Research articles 2007-05-09
- Self-managed super funds: ATO outlines its regulatory approach.
- May 07, 2007 (Intax - ABIX via COMTEX) -- The Australian Taxation Office has warned it will not tolerate deliberate non-compliance with regulations for self-managed superannuation funds SMSFs. The Taxation Commissioner, Michael D'Ascenzo, issued the warning in a speech to the SMSF Professionals Association of Australia...
- Research articles 2007-05-07
- Skills crunch will dog new budget plans.
- Byline: Ben Woodhead May 07, 2007 (The Australian - ABIX via COMTEX) -- A number of tender opportunities for companies in Australia's IT sector will emerge from the May 2007 federal Budget. To be announced on the evening of 8 May, it is tipped...
- Research articles 2007-05-07
- Call for ATO to fix liaison service.
- Byline: Mark Fenton-Jones May 03, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The accounting profession has urged the Australian Taxation Office to address problems associated with its relationship manager program. The service was established in 2002, but Garry Addison of...
- Research articles 2007-05-03
- Digging for lost accounts could yield rich rewards.
- Byline: Tim Mendham Apr 25, 2007 (The Australian Financial Review - ABIX via COMTEX) -- There is a large amount of lost superannuation in Australia. Russell Medcraft, the MD of FindMySuper, estimates that there is over $A11.5 billion in lost or forgotten super accounts....
- Research articles 2007-04-25
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