A recent Federal Court decision has highlighted the need for property developers to ensure that if they are going to apply the margin scheme, they had better do it right.

Small and medium sized exporters can now apply for a reimbursement of up to $150,000 of their marketing expenses during the year ended 30 June 2007.

Investors concerned about falling markets.

You should start to consider how these proposed changes may impact your personal circumstances to make plans accordingly.

Discusses the areas of focus for the new ATO compliance program for 2011/2012.

The Government has released draft legislation to enact the tax reforms for the shipping industry announced last year.

With 30 June 2011 fast approaching we discusses some of the matters to be considered.

The Draft Ruling discusses the meaning of the term "income of the trust estate" and also provides illustrative examples.

Conceptually at least, the proposed Resource Super Profits Tax (RSPT) is designed to be a tax on economic rents (economic rent is another word for abnormal or super profits). Economic rent from resource exploration, development and extraction can be defined as the excess of revenue over costs where costs are defined to include a ‘normal’ rate of return on capital.

Reaction to the EU vote on the Alternative Investment Fund Manager Directive (AIFMD) and its effect on Jersey.

The new Employee Share Scheme (ESS) contained in Tax Laws Amendment (2009 Budget Measures No 2) Bill 2009 and Income Tax (TFN Withholding Tax (ESS)) Bill received Royal Assent on 14 December 2009.

As a general guide, the ATO released a list to outline the type of records they expect to see for compliance audits.

This newsletter summarises important recent tax developments of international interest taking place in Europe.

The latest national accounts released on 2 March show that the economy grew by 0.7% in the December quarter and by 2.7% over the year. Growth was driven by a large increase in business inventories (stock on hand). An increase in inventories can either be a sign that businesses are confident of an increase in future sales or alternatively, a sign that business has over estimated demand. Only time will tell.

Welcome to the Moore Stephens quarterly automotive newsletter for 2014.

After 23 years and extensive industry consultation the Federal Treasury has released draft legislation to amend the public trading trust rules. The Government has promised that the new legislation will reduce compliance costs for managed investment trusts and will resolve some of the uncertainty around the key features of the current law.

After 23 years and extensive industry consultation the Federal Treasury has released draft legislation to amend the public trading trust rules.

The Government recently released Exposure draft legislation to introduce new CFC provisions, which should simplify calculations with respect to ownership of CFCs and significantly reduce the compliance burden of affected taxpayers.

Changes to WorkCover legislation in Victoria may deem an individual to be the worker of the hirer for WorkSafe purposes.

On balance, the Australian economy remains reasonably well positioned to record further future growth in the short term.