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Results: 1-10 of 15

ATO does not offer any “goodwill” for incorporation of no-goodwill professional practices

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • March 24 2011

Draft Taxation Determination TD 2011D3 released by the Australian Taxation Office on 16 March 2011 looks to effectively eliminate the ability of "no-goodwill" incorporated professional firms to avoid a harsh application of the market value substitution rule

Directors be careful what you are signing, you may be breaching your duties

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • July 29 2011

Company directors are presented with a wide range of documents to be signed on a regular basis

Personal Property Securities the basics

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • August 31 2011

The looming Personal Property Securities (PPS) regime will bring together various Commonwealth, state and territory laws and registers regarding security interests in personal property under one national system

Commissioner to have express powers to withhold GST refunds

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • March 30 2012

On 15 February 2012, the Assistant Treasurer released an exposure draft on the proposed amendment to the Tax Administration Act 1953 (Cth) (TAA) to allow the Government to amend the tax law to allow the Commissioner to withhold refunds pending verification that the refund is correct

What does the Personal Property and Securities Act (PPSA) mean for franchises?

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • October 18 2011

The Personal Property and Securities Act (PPSA) establishes a single national law and a single online register for security interests in personal property

Agents, undisclosed principals and double duty risks

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • March 24 2011

A recent NSW Administrative Decisions Tribunal case considered when the double dutyagency duty exemption under the Duties Act 1997 (NSW) (Act) would apply if the agent has not been appointed in writing

Stronger super - changes coming for SMSF and SMSF auditors

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • March 25 2011

The Government has responded to the recommendations of the Super System (Cooper) Review by the introduction of the "Stronger Super" package

30 June 2011 land tax planning alert

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • May 31 2011

Land tax is calculated on the value of land owned by a landowner as at midnight on 30 June each year

Cautions on GST issues required for development and sale of “loanlease” retirement villages

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • July 21 2011

Since the release of the draft ruling on GST treatment for interest-free loans received by retirement village developers in June 2010 there has been speculation as to the impact of a final ruling on the issue

Tax deductions for capital appreciation payments made by village operators

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • July 19 2011

Claiming tax deductions for capital appreciation payments made to residents may be a long standing approach for some retirement village operators