It is not uncommon for a creditor (assignor) to transfer their right to receive payment of a debt (assignment) to a third party (assignee). The assignee will then seek payment from the debtor.
Recently, tax residency has become a contentious and difficult issue. We ask Tax Partner Fletch Heinemann to explain some of the basics.
From 1 July 2016, the Queensland Government has extended the duty exemption for transfers of assets used in a primary production property.
From 1 July 2016, the Queensland Government has extended the duty exemption for transfers of assets used in a primary production property.
The full Federal Court recently considered whether a dividend access share was a debt or equity interest. The majority concluded that the particular share was a debt interest – as a result, there was no entitlement to franking credits.
The full Federal Court recently considered whether a dividend access share was a debt or equity interest. The majority concluded that the particular share was a debt interest – as a result, there was no entitlement to franking credits.
The New South Wales Industrial Relations Commission has varied the General Carriers Contract Determination to expand the Determination’s coverage and impose new obligations on owner drivers and the principal contractors that engage them.
The New South Wales Industrial Relations Commission has varied the General Carriers Contract Determination to expand the Determination’s coverage and impose new obligations on owner drivers and the principal contractors that engage them.
The Retail Shop Leases Amendment Bill 2015 received royal assent on 25 May 2016 and is expected to commence in November 2016.
The Queensland government has introduced legislation that will significantly change the operation of the Vegetation Management Act 1999. The Vegetation Management (Reinstatement) and Other Legislation Amendment Bill 2016 will wind back the relaxations of land clearing restrictions implemented by the previous government.
Companies, and their directors and officers, can face significant financial penalties in relation to environmental incidents.
Company directors, employees and contractors who fail to notify relevant parties of incidents that have caused, or may cause, environmental harm may face significant fines.
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.