Tax

Tax

ART upholds ATO’s view in decision on partnership distributions

The tribunal has upheld a decision by the Commissioner to include certain distributions from an accounting firm...

16 May 2025 • By Miranda Brownlee

more from tax

Tax

Tribunal rules in favour of taxpayer in tax evasion case

The Administrative Review Tribunal has determined that a taxpayer did not engage in tax evasion in a dispute involving...

13 May 2025 • By Miranda Brownlee

Tax

ATO’s debt book climbs to $105bn

The Commissioner has said the ATO will take deliberate and targeted action in its tax collection activities with total...

13 May 2025 • By Miranda Brownlee

Tax

Corporate leader hopeful Greens will see the light on taxing unrealised...

Geoff Wilson has said he is confident the Greens will understand the impact taxing unrealised gains would have on...

12 May 2025 • By Keeli Cambourne

Tax

Court strips gold bullion fraudsters of $8.7m for GST scheme

Two leaders in an Australian criminal syndicate have been stripped of more than $8.7 million in assets for their roles...

12 May 2025 • By Imogen Wilson

Tax

ATO ‘hypervigilant’ with oversight of AI activities, Hirschhorn assures...

The Tax Office is becoming increasingly data-driven, but has implemented safeguards and procedures to prevent...

09 May 2025 • By Emma Partis

Tax

Air fryer fails tax deduction ‘pub test’: ATO

The Tax Office has revealed a list of “unbelievable” tax deduction attempts to remind taxpayers that their air fryer...

08 May 2025 • By Imogen Wilson

Tax

Accounting bodies push for Div 7A ‘legislative fix’

Members of the professional accounting bodies are calling for reform to Division 7A as the Tax Office pushes its...

07 May 2025 • By Imogen Wilson