Kaitilin Lowdon

, , ,

AusNet v FCT and back-to-back rollovers: nothing else matters?

, , ,
AusNet v FCT and back-to-back rollovers: nothing else matters?

This article considers the views of the Full Federal Court in AusNet v FCT on the “nothing else” condition in Division 615 and what those views may mean for proposed ATO guidance on sequential transactions and the “nothing else” condition of a rollover.

, ,

Sladen Snippet - Private Wealth Advisor Program: advisors beware – you are on the ATO’s watch list

, ,
Sladen Snippet - Private Wealth Advisor Program: advisors beware – you are on the ATO’s watch list

Over the course of the last year, the Australian Taxation Office (ATO) has repeatedly indicated in various forums that advisors are in the ATO’s sights.

, ,

Minerva – Part IVA - Full Federal Court gives the taxpayer back its “Liberty”

, ,
Minerva – Part IVA - Full Federal Court gives the taxpayer back its “Liberty”

In 2022, the decision of the Federal Court in Minerva Financial Group Pty Ltd v Commissioner of Taxation [2022] FCA 1092 raised the question that tax benefits emanating from trustee decisions could be subject Part IVA. At that time, we said we think ‘no’ (see here).