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Showing 111 - 116 of 116 results for "Loophole"

All is fair in love and bankruptcy

... contradiction," he added. On the upside, the new rules mean that bankrupt individuals can no longer exploit the legislative loophole whereby transferring their property ownership to their partner can protect that asset from future creditors. However ...

Call for personal tax cuts to plug company tax loophole

KATE HAGE  |  TUESDAY, 18 APR 2006
A push to cut top income tax rates was flagged this week as the Board of Taxation chairman, Dick Warburton, said such a reduction would stop people channelling personal income into company coffers. Warburton recently co-authored a report comparing Australia's ...

NAB report reveals critical weaknesses

WITH AAP  |  FRIDAY, 12 MAR 2004
A report released today into the National Australia Bank's (NAB) foreign exchange scandal revealed critical weaknesses in the bank's culture, governance and risk frameworks. Following the release of the PriceWaterhouseCoopers (PWC) report, NAB announced ...

Productivity Commission to crack down on homeowners' scheme loopholes

... year. But the scheme has been criticised for subsidising million-dollar homes bought by high-income earners, as well as a loophole - since closed - that allowed parents to buy homes in their children's names. "In the commission's view, if the scheme ...

FSR Amendment Bill 2003 will enhance disclosure: ALP

... that the Government's "reasonably practicable" test set the threshold for disclosure too low and would have created a loophole for product issuers and other participants in the financial services industry to avoid disclosing in dollar terms." He said ...

Crean comes out firing on super, corporate governance

... packages when they are unfair an unreasonable," he added. Crean also said that a Labor government would close the current 'loophole' that allows redundancy payments to be classed as deductions that attract a lower rate of taxation. "This means that all ...