Lost but not forgotten? The ATO’s position on Lost and Stolen Cryptocurrency
The anonymity central to the very nature of cryptocurrency means that if access details are misplaced, they are often lost forever. Despite the continual development of new online wallets and marketplaces to acquire, store and transmit cryptocurrency, the potential for theft of cryptocurrency remains.
Sladen Snippet - Victorian Budget 2019/20 – Royal Assent is received
The State Taxation Acts Amendment Bill 2019 (Vic) has received royal assent on 18 June 2019. Following this, the measures outlined below will take effect from 19 June 2019
Company tax losses – similar business test or same business test lite?
Sladen Snippet - Victorian Budget 2019/20 – Corporate reconstructions and consolidations are no longer fully exempt and instead will receive a duty concession
As set out in the recent controversial Victorian Budget article, the State Taxation Acts Amendment Bill 2019 (Vic) contains amendments to the corporate reconstruction exemption.
Sladen Snippet - ATO To Begin Conducting Data Matching Program On Lifestyle Assets
Sladen Snippet - Victorian Budget 2019/20 – Increase of foreign duty and land tax surcharges
As set out in the recent controversial Victorian Budget, the State Taxation Acts Amendment Bill 2019 (Vic) contains amendments directly impacting any foreign persons or entities holding Victorian properties.
Sladen Snippet - Victorian Budget 2019/20 – Introduction of duty on fixtures
As set out in the recent controversial Victorian Budget, the State Taxation Acts Amendment Bill 2019 (Vic) contains amendments that will introduce the imposition of duty on fixtures.
Part 3: Australian trusts – capital gains consequences for foreign beneficiaries
Sladen Snippet - Minimum Wage Decision – 3% Increase
Is this the death of property development agreements? – The new Victorian economic entitlement provisions
Tax Disputes: Part 2 – Voluntary disclosures
Regional Victoria Wins; Foreigners, Developers and Others Lose – Tax Measures In Victorian 2019/20 State Budget
Landholder duty – Part 7 – Exemptions
Tax Disputes: Part 1 – Early engagement strategies with the ATO
When involved in a dispute with the Australian Taxation Office (ATO), it is always in a clients’ best interest to seek to either resolve or narrow and define the relevant issues in dispute as quickly and efficiently as possible. We will always advise a client to seek to engage with the ATO to resolve a tax dispute, when possible.
Landholder Duty – Part 6 – Acquisition by Control and Anti-Avoidance
This is Part 6 of a series of articles by our State Taxes Team on landholder duty and deconstructs the complex provisions by providing a snapshot on landholder duty and its application with regards to private entities.
Sladen Snippet - trustee obligations on the ATO radar
Sladen Snippet - What does the election mean for tax?
Labor’s Tax Policies and What They Mean for Discretionary Trusts
Discretionary trusts are prevalent in the small to medium enterprise (SME) market due to their income tax effectiveness, distribution flexibility, and asset protection features. However, this may be about to change. The Australian Labor Party (ALP) has proposed a number of amendments to existing tax laws should they win the election on 18 May 2019.
