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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.
The Government has announced that no further changes will be made to the laws surrounding limited recourse borrowing arrangements (LRBAs).
The Victorian Government has introduced the Sale of Land Amendment Bill 2019 (Bill) to Parliament, which proposes to amend the Sale of Land Act 1962 (Vic) (Act). The Bill, if passed, will affect vendors under existing and future off-the-plan contracts.
As reported recently by The Age and ABC News, the Australian Taxation Office (ATO) is targeting property investors particularly taxpayers who may have made mistakes, errors or false claims on their tax returns in relation to property owned for investment purposes.
This is Part 4 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.
This is Part 3 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.
In February 2018 the Privacy Amendment (Notifiable Data Breaches) Act 2017 (Cth) came into effect, introducing new mandatory reporting requirements for Australian entities that must comply with the Privacy Act 1988 (Cth) (Privacy Act).
Landholder duty is a regime that was introduced to impose duty on acquisitions in landholding entities.
The Full Federal Court has now handed down its decision in the residency case of Harding v COT  FCAFC 29 (Harding), reversing the Federal Court’s decision at first instance, and finding in favour of Mr Harding.
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.