Regulators’ investigatory powers and the Harman obligation not to disclose

A recent High Court decision clarifies the Commissioner of Taxation’s power to require the production of documents, and the later use of those items. By…

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Taxation: the tricky business of amending trust deeds

Amending a trust deed is a tricky business. Tax must always be taken into account, and NSW duty must also be considered. By JIM MAIN.

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Strangely foreign: recent NSW duty and land tax surcharges

Determining whether a landowner is a ‘foreign person’ can be complicated, State duty and surcharge outcomes can be surprising. By KEN LORD.

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Death by crocodile: not necessarily tax-free

Death is not necessarily tax-free. Always consult with clients’ accountants and financial planners when making their will. By JIM MAIN.

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Accountants and lawyers: friends or adversaries?

Every transaction involving a company has potential tax issues. Landholder duty remains an issue under the Duties Act 1997 (NSW). By JIM MAIN.

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Marriage breakdown: why it pays to be on the ball about taxation

CGT exempt is different from income tax exempt and all not asset transfers are exempt on a marriage breakdown. By JIM MAIN.

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Costly mistakes in using deceased estates exemptions from duty

Care needs to be taken when beneficiaries to an estate propose to enter into a deed of family arrangement to prevent duty being triggered unintentionally….

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Options and hidden tax stings

What applies to GST does not necessarily apply to CGT. By JIM MAIN.

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Succession planning and hidden tax stings

Every succession plan has tax implications. Ensure your client gets good tax advice elsewhere if you can’t give it. By JIM MAIN.

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Tax stings and GST tales of woe

There are multiple different GST scenarios requiring separate analysis. According to Jim Main, taxpayers must be careful when using the margin scheme and the going concern exemption….

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