Sladen Snippet - Paule decision has been appealed
Part 1 International tax series: are you a resident or non-resident?
Sladen Snippet: ATO to begin data matching program on cryptocurrency holdings
The Federal Commissioner of Taxation (Commissioner) has given notice that the Australian Taxation Office (ATO) will commence a data matching program on cryptocurrency.
Federal Court reminds us of the complexity of income tax deductibility, and what it means to carry on a business.
In Watson as trustee for the Murrindindi Bushfire Class Active Settlement Fund v Commissioner of Taxation [2019] FCA 228 (Watson), the Federal Court ruled that an investment trust established to hold funds received as compensation for victims of the black Saturday bush fires could not deduct administrative expenses associated with the trust’s operation.
ATO Decision Impact Statement on Pintarich – troubling views on when a decision may not be a decision
We previously reported here and here on the Full Federal Court decision of Pintarich v Deputy Commissioner of Taxation [2018] FCAFC 79 (Pintarich) and the unsuccessful application for special leave to the High Court.
ATO releases ruling on when a company carries on a business, providing useful guidance for small business corporate taxpayers
Sladen Snippet - ATO releases draft tax determination on the application of the Small Business CGT concessions to investment properties
The Commissioner of Federal Taxation has expressed his preliminary views, in Tax Determination TD 2019/D4, that a company, which
No Discount Capital Gain On The Sale Of Shares - Paule V FCT, Hart v FCT [2019] FCA394
![No Discount Capital Gain On The Sale Of Shares - Paule V FCT, Hart v FCT [2019] FCA394](https://images.squarespace-cdn.com/content/v1/516cccdae4b0bacecd415c77/1554773898052-XV9YPM8WJFMMW4YPAJV5/Federal_Taxes.jpg)
Law in Limbo: will Bill stop the Bills?
Key Tax Changes in the Budget
Sladen Snippet - Update on Satyam – scope of double tax treaty – special leave denied
We reported on the Full Federal Court decision of Satyam Computer Services Limited v CoT (2018) [2018] FCAFC 172 (Satyam) here.
Further Update: measures regarding changes to CGT main residence exemption dead on arrival?
Sladen Snippet – ATO to seek special leave to appeal to the High Court in Harding
We previously reported here in relation to the Full Federal Court decision in the residency case of Harding v COT [2019] FCAFC 29 (Harding) which found in favour of Mr Harding, reversing the Federal Court’s decision at first instance.
Draft Tax Determination highlights the risks of back-to-back CGT Roll-overs.
We have previously written on the ATO releasing guidance on demergers and back-to-back CGT roll-overs. The ATO recently released Draft Taxation Determination TD 2019/D1 concerning demergers although the ATO’s draft views may be illustrative of the Commissioner’s views in the context of back-to-back CGT rollovers.
Sladen Legal trio voted among Australia’s Best Lawyers
Sladen Legal’s Daniel Smedley, Neil Brydges and Phil Broderick have received recognition in the 12th Edition of The Best Lawyers in Australia. The list of impressive legal professionals was announced in the Australian Financial Review on 22 March 2019.
Sladen Snippet - Tax audits on rental properties
Land Tax Assessment higher than expected? You are not alone
Sladen Snippet – Home is where you hang your hat: taxpayer success in Harding appeal
If you don’t ask, you’ll never know: Pedley and allocation of payments made to the ATO
In Deputy Commissioner of Taxation v Pedley (No 2) (2018) FCA 2015 (Pedley), the Federal Court confirmed the wide discretion available to the Australian Taxation Office’s (ATO) to allocate payments made to it for tax debts especially where the taxpayer has not provided explicit direction as to what payments should be applied to which debts.