The ATO has confirmed it will be taking a new approach when an Auditor Contravention Report (ACR) is lodged for an SMSF.

The ATO draft legislative instrument proposes to extend the in-house asset exemption to LRBAs once the loan is repaid.

Until the legislation is finalised, it is not clear if transitional provisions deal with undistributed franking credits.

CGW Tax Partner explains details about Australian tax residency, which has become a contentious and difficult issue.

The NTC discussion paper sets out the regime, identifies potential barriers and proposes reforms to improve the regime.

Despite a recent review of the RSRT, no steps have been taken to disband the Tribunal or reduce its powers.

A binding financial agreement includes powerful information, and you're going to be held to what you've signed.

Draft taxation determination 2018/D3 outlines the ATO view that a trust split potentially triggers CGT consequences.

The High Court decision in Bamford clarified a number of issues in relation to how income can be defined in a trust deed and whether provisions giving the trustee a discretion to adopt different concept of income are effective. Many trust deeds will need to be amended to ensure clients can take advantage of the principles clarified by Bamford.

In practice, this ban means that businesses cannot charge in excess of what it costs them to process the payment.

Courts will examine the conduct of the respondent throughout ACCC investigations and litigation, to consider penalties.

If passed, the amendment could expand the scope of liability of transport operators under the Australian Consumer Law.

Social media facilitates communication with staff and parents, but schools need policies and safeguards for its use.

Advisers should thoroughly check the beneficiaries listed in family trust deeds to ensure who is included or excluded.

In this edition of 'It depends', partner Scott Hay-Bartlem discusses how many directors does a private company need.

Shareholder rights in a private company are usually determined by an agreement between the company and the shareholder.

Transcript & link to video discussing what happens to assets in your discretionary trust when you die.

There is unlikely to be a resettlement of a trust, if the amendment is prepared in accordance with the trust deed.

Draft legislation proposes new obligations on franchisors to publish disclosure documents on a publicly available register.

This is the first decision to examine the application of the unfair contract terms regime to small business contracts.