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Showing 111 - 120 of 296 results for "Ruling"

OPINION: What to do with the Tax White Paper!

ANDREW BRAGG, DIRECTOR OF POLICY, FINANCIAL SERVICES COUNCIL  |  WEDNESDAY, 21 OCT 2015
... paper itself was a strong contribution to the debate as it contained all of the major issues. It was not compromised by ruling certain components out of reform consideration. This paper contrasted strongly to the Henry Review of taxation in 2009-10 which ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
A United States Supreme Court ruling has cleared the way for actions against institutions that fail to monitor the effects that climate change has on their portfolios. The Supreme Court held on 18 May 2015 that trustees have a fiduciary duty, emanating ...

Market to open higher

AAP  |  FRIDAY, 31 JUL 2015
... release quarterly production results while Resmed is slated to release full year results. Meanwhile, the Federal court ruling on whether banks should disclose the level of carbon emissions they finance is expected. In Australia, the market on Thursday ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
... existing investments periodically and to remove imprudent investments," noted the Supreme Court in its recently released ruling. Jason C Roberts, chief executive of the Pension Resource Institute, told the US news service InvestmentNews: "Share classes ...

New law to add clarity to business sales

LAURA MILLAN  |  FRIDAY, 24 APR 2015
... arrangements has been complex and has given rise to unfair outcomes for taxpayers," he added. "The ATO released a draft ruling in December 2007 that changed the way earnouts would be treated for both parties, and increased the complexity of these arrangements. ...

No changes to neg gearing, super in Budget

ALEX DUNNIN  |  TUESDAY, 21 APR 2015
... introduce any unexpected or adverse changes to superannuation," he was reported to have said. Frydenberg was not, however, ruling out future changes to superannuation tax concessions as he added that issues surrounding it would be considered as part ...

Push to end US Congressional pensions

ALEX DUNNIN  |  FRIDAY, 6 FEB 2015
... congressmen. "The Founding Fathers envisioned elected officials as part of a servant class, yet Washington, DC has evolved into a ruling class culture," DeSantis said. "Pensions for members of Congress represent an inappropriate use of taxpayer money ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... regulator to join Brisbane-based consultancy firm McPherson Super Consulting. Stuart Forsyth was involved in drafting the ATO ruling on limited recourse borrowing arrangements for SMSFs and his departure follows the announcement of cost cuts by the government ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
The Federal Court's ruling on a case involving two self-managed super fund (SMSF) trustees who used their fund for personal matters has highlighted the uncertainty around penalties. The fund, totaling more than $260k, was used to purchase residential ...

ATO considers increasing Bitcoin control

LAURA MILLAN  |  FRIDAY, 22 AUG 2014
The Australian Taxation Office (ATO) could be asking Bitcoin and other crypto-currency holders to keep records of their transactions. The ATO has released guidance of the tax ramifications of crypto-currencies and how various parts of the tax law apply ...