Taxpayer’s valuation methodology preferred for valuation – Moloney’s case
In Moloney and FCT [2024] AATA 1483, the AAT considered whether the taxpayer satisfied the Maximum N...
Read Article
Aggregated turnover and connected entities - Commissioner's discretion that an entity does not “control” another entity – Finalised Determination
The Commissioner of Taxation has issued Taxation Determination TD 2023/5 re aggregated turnover and ...
Read Article
Aggregated turnover and connected entities - Commissioner's discretion that an entity does not “control” another entity - Draft Determination
The Commissioner of Taxation has issued Draft Taxation Determination TD 2023/D2 re aggregated turnov...
Read Article
Residential Investment Properties and the Small Business CGT Concessions
In the recent Administrative Appeals Tribunal case of Del Castillo and Commissioner of Taxation (Tax...
Read Article
Amendment periods - Extended where 10 or more connected entities or affiliates
The Commissioner can amend assessments of income tax within a certain period of time. Generally for...
Read Article
Connected entities - The indirect control test and the public entity exception - Update
An entity is connected with another entity if either entity controls (as prescribed) the other entit...
Read Article
Connected entities and partnerships, foreign hybrids, non-entity joint ventures and corporate limited partnerships - Update
The Commissioner of Taxation has issued two Taxation Determinations to clarify when certain entities...
Read Article
Case Study: $1.645m Small Business CGT savings
We can talk about our services, and how significantly they assist your client’s outcomes, all day. B...
Read Article
Aggregated turnover and differing income year periods - Finalised Determination
When calculating a taxpayer’s aggregated turnover, the annual turnovers of the taxpayer, entities
c...
Read Article