ATO Warning: Research And Development Claims In Building And Construction Industry
The ATO and the Department of Industry, Innovation and Science have released Taxpayer Alert TA [...]
Re-characterisation Of Income From Trading Businesses
The ATO has released Taxpayer Alert TA 2017/1 to say it is reviewing arrangements that [...]
Taxpayer Failed To Prove That Payments Were “Loans”
In a recent case, the Full Federal Court has found that several taxpayer companies had [...]
Taxation Ruling On Commercial Website Deductibility
A new taxation ruling from the ATO sets out the tax deductibility of expenditure incurred [...]
Taxation Determination On Deductions For Bad Debts: Trust Beneficiaries And UPEs
In a new tax determination, the ATO states that a beneficiary is not entitled to [...]
New ATO Data-matching Program: Ride-sourcing
The ATO has announced a new data-matching program involving ride-sourcing providers. Under the program, the [...]
Admin Penalties Of 75% For Failing To Lodge FBT Returns
The AAT has confirmed that 75% administrative penalties were rightfully imposed on several companies for [...]
No Disclaimer Of Trust Interest: Unsuccessful Appeal
A beneficiary of two trusts whose assessable income was increased from some $70,000 to some [...]
Onus On Taxpayers To Show No Fraud Or Evasion: Full Federal Court
Several taxpayers have been unsuccessful in their appeals to the Full Federal Court in which [...]
ATO Priority On Settling Cases – But Not At Any Cost
The ATO has advised that it places a high priority on resolving tax disputes early, [...]