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Showing 191 - 200 of 1028 results for "Taxation"

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... prepared and lodged self-managed superannuation fund (SMSF) annual returns with incorrect details. Following an Australian Taxation Office (ATO) referral the TPB found the agents falsely stated the funds' annual audits had been completed. According ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... media, financial services industry, and policy circles. The initial focus of the research was on three areas of super taxation and contribution settings that might be considered ways to raise additional revenue. Measure one introduced a $5 million limit ...

Charter Hall secures ATO HQ

CHLOE WALKER  |  TUESDAY, 20 SEP 2022
... Charter Hall Group has acquired a $300 million site in Canberra to construct the new headquarters for the Australian Taxation Office (ATO). Located near Parliament House, the 33,000sqm, five-storey building will be developed by the property fund giant ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... unjustifiable consequences for superannuation. "The rules should be re-worded or re-drafted to require the Commissioner of Taxation to decide that the section applies and to allow trustees to rectify transactions in certain situations," it said. The ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... but regulation is struggling to keep pace and adapt with the crypto asset sector." The government said the Australian Taxation Office (ATO) estimates more than one million taxpayers have interacted with the crypto asset ecosystem since 2018. However ...

Review of ASIC funding model begins

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... fees and levies attributable to regulated activity are considered as a funding mechanism prior to statutory charges (taxation) or budget funding." Prior to the introduction of the Industry Funding Model, ASIC was primarily funded by taxpayers through ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... of the differences between jurisdictions' tax systems to minimise their tax paid, typically by moving the incidence of taxation from a high taxation jurisdiction to a low taxation jurisdiction, or by avoiding a taxable presence in high taxation jurisdictions ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... continues to rapidly evolve, so to have tax governance and risk management considerations. KPMG said that the Australian Taxation Office (ATO) continues to pursue its 'Justified Trust' initiative which seeks to embrace the OECD view that tax risk management ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... legislation that aims to ensure no veteran pays higher income taxes because of the Federal Court decision in Commissioner of Taxation V Douglas (the Douglas decision). The Douglas decision found that certain veterans' invalidity pension payments in the ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... has advocated for structural superannuation reform. "I want to spend my energies on the two principal economic issues: taxation and superannuation," he said. Bragg claimed super has made unions, banks and insurers richer than ever and lamented excessive ...