Working out your Tax Residency

In order to understand the tax obligations associated with your investments in Australia, the first step is to determine your residency status. It is important to remember that the standards used to determine your tax residency are different from those used by the...

Unreasonable Director-related Transactions Provisions

What are Director related Transaction Provisions? The unreasonable director related transactions provisions under the Corporations Act 2001 enables a liquidator to attack unreasonable transactions entered into by a company where there has been a payment, disposition,...

ATO Data Matching – eBay

Making over $10,000 on eBay? The Australian Tax Office (ATO) has announced that they will be obtaining the online selling database of eBay customers who sold goods or services in excess of $10,000 between 1 July 2014 to 30 June 2015. It is estimated that 15,000 to...