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Results: 1-10 of 91

Undisclosed offshore assets & income: ATO announces project DO IT: disclose offshore income today
  • Hall & Wilcox
  • Australia
  • March 28 2014

The ATO has announced what is the last chance for people to come clean about hidden overseas assets and income by December 2014. The ATO's previous


Introduction to trusts
  • Hall & Wilcox
  • Australia
  • February 17 2016

A trust is not a legal person, like an individual or a company. It is a legal relationship that involves a legal owner (the trustee) holding property


Project DO IT - ATO amends rules
  • Hall & Wilcox
  • Australia
  • October 7 2014

Late last week the ATO updated it's Project DO IT fact sheet. Most importantly, the ATO has updated its position on:


Deceased estates & testamentary trusts: sro confirms duty exemption
  • Hall & Wilcox
  • Australia
  • September 30 2011

Earlier this month, the State Revenue Office (SRO) clarified its position regarding section 42(1)(a) of the Duties Act 2000 (the Act), confirming it will treat a transfer from the executor to the trustee of the testamentary trust as if it were a transfer to a beneficiary, provided the transfer is in conformity with the trusts contained in the will of the deceased, and is not for valuable consideration


Taxation on death: when does a superannuation income stream end?
  • Hall & Wilcox
  • Australia
  • August 10 2011

The ATO has issued draft taxation ruling TR 2011D3, which explains the Commissioner's view on when a superannuation income stream starts and ends as well as when the superannuation income stream is payable


Directors personally liable for PAYG and superannuation
  • Hall & Wilcox
  • Australia
  • May 1 2012

The Government has re-released legislation designed to make directors personally liable for any unpaid superannuation guarantee contributions


The Commissioner’s new Statutory Remedial Power, following budget 2015. What exactly is a disallowable instrument?
  • Hall & Wilcox
  • Australia
  • June 3 2015

In the recently released 2015-16 Federal Budget, the Government announced that it will provide the Commissioner of Taxation (Commissioner) with a


The latest superannuation insurance changes
  • Hall & Wilcox
  • Australia
  • August 19 2015

There have been a number of changes to the way in which insurance can be held within a self managed superannuation fund (SMSF). Broadly, these


2016 Budget Announcement on Division 7A - is the devil in the lack of detail?
  • Hall & Wilcox
  • Australia
  • May 25 2016

Tucked away in this year’s Budget papers was an announcement that the Government will make targeted amendments to Division 7A. There is very limited


Withholding the truth - the secrets of the foreign resident CGT withholding regime
  • Hall & Wilcox
  • Australia
  • June 9 2016

We're sure you're tired of reading about the rapidly approaching commencement of the foreign resident CGT withholding regime. But there are some