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Results: 1-10 of 43

Bankruptcy and your super: getting it right

  • Hall & Wilcox
  • -
  • Australia
  • -
  • September 1 2009

The Bankruptcy Act 1966 (Cth) was amended to address the outcome of the High Court's decision in Cook v Benson

Increase in philanthropic activity signals growth

  • Hall & Wilcox
  • -
  • Australia
  • -
  • March 25 2010

Today, the Assistant Treasurer released a media release titled "Philanthropic sector expands sharply", which highlights the continued growth of private philanthropy in Australia, particularly through the use of Private Ancillary Funds

Division 7A & unpaid trust distributions: is it a bird? Is it a plane? No, it's a UPE!

  • Hall & Wilcox
  • -
  • Australia
  • -
  • December 18 2009

The ATO has released its draft ruling TR 2009D8 on the application of Division 7A to unpaid trust distributions to a company

Super funds can refinance under amended borrowing arrangements

  • Hall & Wilcox
  • -
  • Australia
  • -
  • May 28 2010

A Bill is currently before Parliament which will amend the limited recourse borrowing provisions in section 67(4A) of the Superannuation Industry (Supervision) Act 1993 (SIS Act

Undisclosed offshore income: last chance to come clean before the gloves come off

  • Hall & Wilcox
  • -
  • Australia
  • -
  • December 3 2009

The Commissioner of Taxation has announced a new opportunity for people with undeclared income from offshore activities or accounts to come clean

Division 7Aunpaid present entitlements: action items for 30 June 2010

  • Hall & Wilcox
  • -
  • Australia
  • -
  • June 11 2010

On 2 June 2010 the ATO issued Taxation Ruling TR 20103 (being the finalisation of draft ruling TR 2009D8) and a draft Practice Statement PS LA 3362

Division 7A & UPEs final Practice Statement time to review structures

  • Hall & Wilcox
  • -
  • Australia
  • -
  • October 22 2010

The highly anticipated final version of Practice Statement PSLA 20104 was released on 14 October 2010

MIT tax regime to commence from 1 July 2011

  • Hall & Wilcox
  • -
  • Australia
  • -
  • May 10 2010

On Friday 7 May 2010, the Assistant Treasurer Nick Sherry announced the Government's position in relation to the Board of Taxation's (the Board) review of the tax arrangements applying to managed investment trusts (MIT

ATO has its sights set on Jennifer's assets

  • Hall & Wilcox
  • -
  • Australia
  • -
  • November 17 2009

The current tax disputes with the Australian Taxation Office (ATO) and non-resident investors such as Texas Pacific Group (TPG) on the sale of their interest in Myer raises a number of interesting issues for advisors and private equity participants alike

Directors to be personally liable for the superannuation guarantee charge

  • Hall & Wilcox
  • -
  • Australia
  • -
  • May 11 2011

The 20112012 Federal Budget handed down by the government on 10 May 2011 announced that from 1 July 2011 directors will be personally liable for any unpaid employee superannuation