Update: Land Tax Changes Have Been Scrapped The planned changes to the Queensland land tax regime highlighted in the article below have been scrapped by
In this edition of ‘It depends’, lawyer Elise Emmerson discusses what Australian expats need to know about double tax agreements.
With impending changes to the Queensland land tax regime, deductions for site improvements can be an effective tool for landowners and developers in managing land
In this episode, Fletch and Sarah celebrate TaxLand’s 21st birthday by chatting about director penalty notices – when directors are personally liable for a company’s tax liability, when those amounts can be remitted and when a defence may apply. Travel to TaxLand with us to learn more.
Over the past year, the world has seen the prices of many cryptocurrencies fall sharply. This has resulted in investors, traders and businesses crystallising losses or having unrealised losses on their books.
In this week’s edition of ‘It depends’, senior associate Tom Walrut talks about the new stamp duty relief for small business restructures.
In this episode of TaxLand, Fletch and Sarah journey through the ATO’s new draft tax determination and PCG in relation to whether amounts of trust capital distributed to Australian resident beneficiaries are subject to section 99B.
In this episode of TaxLand with Fletch and Sarah, we venture into the world of property developments to talk about issues relating to the GST margin scheme.
In this episode of TaxLand, join Fletch and Sarah for front-row seats to the Federal Court’s decision in Quy v Commissioner of Taxation (No 3) [2024] FCA 726. They look at questions of law that may arise when determining a taxpayer’s residency under the ordinary concepts test and domicile test.
We have recently seen a surge of unhappy cases where Australian residents inherit or receive gifts from overseas relatives, and those amounts have been taxed under section 99B of the Income Tax Assessment Act 1936.
The Federal Court’s recent decision in JMC Pty Ltd v Commissioner of Taxation [2022] FCA 750, should be sounding the alarm on the risk of potential ATO audit activity for any business engaging contractors as sole traders.
In this edition of ‘It depends’, senior associate Tom Walrut talks about whether you need to pay stamp duty on a change of trustee and what circumstances you need to look out for.