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Results: 1-10 of 41

Treasury moves on borrowing by super funds

  • Hall & Wilcox
  • -
  • Australia
  • -
  • March 18 2010

Treasury has issued two releases to address some of the speculation about borrowing by super 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

Managed investment trusts tax changes a step closer

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

The Gillard Government released a discussion paper on the new tax system for Managed Investment Trusts ("MITs") on 18 October 2010

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

Australian future tax system - Henry Review

  • Hall & Wilcox
  • -
  • Australia
  • -
  • May 3 2010

On Sunday, 2 May 2010 the government finally released the Henry Review entitled 'Australia's Future Income Tax System - A Report To The Treasurer'

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