Many property and investment syndicates are described as joint ventures but do not actually qualify as joint ventures for tax or GST purposes because of the narrow scope of the ...
Many property and investment syndicates are described as joint ventures but do not actually qualify as joint ventures for tax or GST purposes because of the narrow scope of the definition of joint venture in the legislation.
A recent ruling by the New South Wales Court of Appeal in O’Neill v Liddle has confirmed that a driver’s failure to keep a proper lookout is legally significant, even where the other driver fails to comply with the road rules.
The extensive powers of the Australian Tax Office (ATO) to issue notices under section 264 of the Income Tax Assessment Act 1936 have been confirmed in the recent decisions of Binetter v Deputy Commissioner of Taxation and Australia and New Zealand Banking Group Limited v Konza.
In a rare win for the taxpayer, the Administrative Appeals Tribunal (AAT) has set aside the decision of the Australian Taxation Office (ATO) to issue a non-compliance notice to the trustee of a self managed superannuation fund in Pabian Park Pty Ltd Superannuation Benefits Fund v FCT.
The new ‘significant investor’ visa will commence on 24 November 2012, providing a new pathway for migrants who invest more than AUD $5 million in certain Australian investments.
Last Friday the High Court unanimously found that the Bendigo Regional Institute of Technical and Further Education (BRIT) did not take adverse action against its employee Gregory Barclay, for a reason prohibited by the Fair Work Act 2009 (Cth).
The Administrative Appeals Tribunal (AAT) has upheld tax assessments of over $36 million, despite finding that the assessments were clearly incorrect. The case is Murray and Commissioner of Taxation (No 3) [2012] AATA 557.
In the case of Suncorp Metway Insurance Ltd v Wickham Freight Lines [2012] QSC 237, the Queensland Supreme Court was asked to consider the scope of Queensland’s Motor Accident Insurance Act 1994 (Qld) (MAIA) and statutory CTP policy of insurance.
A recent decision of the Federal Court highlights the need for creditors to actively enforce their security interests.
The scales of costs in the Magistrates, District and Supreme Courts of Queensland have been increased by 4.9% to account for changes in the consumer price index since the last adjustment in 2010.
The recent decision of Livesay v Hawkins [2012] QSC 122 is a timely reminder of the importance of notifying insurers of potential claims. It shows how even equivocal letters of complaint can amount to a ‘claim’ that requires notification.
The New South Wales Court of Appeal has upheld a decision dismissing a client’s claim for damages arising out of the negligent advice of an insurance broker, in Prosperity Advisers Pty Ltd (Prosperity) v Secure Enterprises Pty Ltd (trading as Strathearn Insurance Brokers (Strathearn) [2012] NSWCA 192.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.