Tax

High Court of Australia
Tax

ATO eyes foreign tax credits in compliance crackdown

The ATO has put taxpayers with foreign capital gains on notice in the wake of the High Court’s special leave decision.
17 February 2020 • By Jotham Lian

more from tax

Tax form
Tax

Commissioner’s deceased estates fix trudges along

Legislative instrument that will allow tax agents to access deceased clients’ tax data has now been tabled in...
13 February 2020 • By Jotham Lian
AAT
Tax

AAT affirms grounding of former tax agent amid bankruptcy probe

A former tax agent, with debts of over $36 million, has had his appeal to overturn an order preventing him from...
12 February 2020 • By Jotham Lian
Cash on hand
Tax

$1,080 tax offset saved rather than spent, new survey shows

Australian taxpayers were more likely to save their $1,080 tax offset rather than spend it, a new survey has found.
11 February 2020 • By Aidan Curtis
House property
Tax

‘Don’t be too clever’: Clients warned on CGT MRE changes

Clients affected by changes to the main residence exemption have been urged to be “very careful” when attempting to...
10 February 2020 • By Jotham Lian
ASIC
Tax

ASIC sounds warning on ‘unrealistic and unsupportable’ cash-flow assumptions

Auditors and company directors have been urged to focus on values of assets and accounting policy choices as ASIC...
09 February 2020 • By Jotham Lian
Professor Robert Deutsch
Tax

Unpacking the tax landscape in 2020

In this episode of Accountants Daily Insider, Professor Robert Deutsch, senior tax counsel at The Tax Institute,...
07 February 2020 • By Tasha Levy
ATO
Tax

Understanding the ATO’s penalty relief policy

The ATO’s penalty relief policy could help practitioners save clients thousands of dollars and resolve disputes...
07 February 2020 • By Jotham Lian