The ATO has released its Decision Impact Statement (DIS) in relation to the Full Federal Court’s decision in FCT v H [2010] FCAFC 128; 2010 ATC 20-218.

This commentary service for Division 7A provides legislative commentary and easy-to-understand flow charts and examples.

Under section 40-65 the sale of residential premises is input taxed but only to the extent that the property is residential premises "to be used" predominantly for residential accommodation.

The ATO has released the 2013 December quarter rates for the General Interest Charge and the Shortfall Interest Charge.

This paper addresses issues in applying the GST-free going concern provisions, specifically to property transactions.

Businesses in the building and construction industry must report to the ATO details of any payments made to contractors.

These amendments could potentially impact your organisation if you have employees on short-term assignments overseas.

Over the last decade, the government has taken to to announcing significant tax changes well in advance of enactment.

A high Australian dollar and slowing global economy has certainly impacted heavily on Labor's sixth budget for 2013-14.

The research collects opinions of automotive retailers, wholesalers, distributors and service providers across Australia.

The agreement paves the way for a range of benefits that under the agreement are currently only available to Australia.

The Commissioner of Taxation (the "Commissioner"), on 9 February 2011, issued Taxation Ruling TR 2011/1 dealing with the application of the transfer pricing provisions to business restructuring involving an international related party.

The decision of the High Court last week in Aid/Watch v Commissioner of Taxation [2010] (Aid/Watch) overturned the decision of the Full Federal Court in September 2009 which ruled that Aid/Watch was not a charitable institution, due to its political activity.

The Australian new car market has continued its upward sales trend with official sales figures up for the year 2013.

To avoid a personal liability, directors should ensure that all PAYG and SGC returns are lodged within three months.

Time is running out! The MIT capital account election form needs to be completed by 2 September 2010. If a MIT is eligible to make an election, but has not done so by the relevant date, any gains or losses on the disposal of eligible assets will be treated on revenue account.

Over the quarter ending 31 March 2012, the MSCI World (ex-Aust) Index USD$ rose by 11.08%.

South Australian SMEs will soon be able to gain access to the new SA COVID-19 Additional Business Support Grant.

The IMR’s purpose is to ensure that Australia is an attractive investment hub for overseas investors.

The successful will adapt, adopt and take advantage - farming and agriculture is no different from any other business.