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Showing 51 - 60 of 101 results for %22Tax fraud%22

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
KPMG believes Treasury's policy consultation on tax incentives for early stage investors is unnecessarily restricted and argues unit trusts should also be eligible for the incentives. The firm's submission also raises concerns that investment into innovation ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... individuals' funds "that may be managed by financially inexperienced individuals." The commission said allowing the Australian Tax Office (ATO) to address wrongdoing and non-compliance by SMSF trustees; capturing rollovers to SMSFs as a designated service ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... remember SMSFs do not have access to compensation arrangements in the event of theft or fraud. There can also be significant tax penalties for those trustees of SMSFs who get it wrong." SMSF Owners' Alliance executive director Duncan Fairweather commented ...

Hockey launches Serious Financial Crime Taskforce

LAURA MILLAN  |  TUESDAY, 5 MAY 2015
... Serious Financial Crime Taskforce to investigate and prosecute cases of superannuation and investment fraud, identity crime and tax evasion. The taskforce is a continuation of Project Wickenby, which finishes in 2015 and has so far raised over $2.1 billion ...

Market wrap

AAP  |  FRIDAY, 4 JUL 2014
... market strategist Stan Shamu said money that was on the sidelines in June as traders were sorting out portfolios for their tax returns appeared to be coming back into the market. "Investors are trying to take advantage of some fairly cheap valuations ...

Market wrap

AAP  |  THURSDAY, 3 JUL 2014
... market strategist Stan Shamu said money that was on the sidelines in June as traders were sorting out portfolios for their tax returns appeared to be coming back into the market. "Investors are trying to take advantage of some fairly cheap valuations ...

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
... Australian Securities and Investments Commission (ASIC) was prompted by the regulator's failure to address cases of alleged fraud, document forgery and improper advice within CBA. Read the full Senate Economics Committee report into ASIC here Read all ...

Finance broker pleads guilty to car scam identity theft

STAFF WRITER  |  FRIDAY, 28 MAR 2014
... motor dealerships to help the dealers' customers obtain finance to buy cars. An ASIC investigation found Shiraz, 22, used tax, employment and income documents and personal details of two former clients to create false loan applications in their names ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
... regulation, you can't prevent another financial collapse occuring. We can't guarantee another collapse whether it be the GFC or fraud, we can encourage best possible advice and then it's up to the market."

Market Wrap AM

AAP  |  MONDAY, 30 SEP 2013
... stripping former prime minister Silvio Berlusconi of his seat in the Senate moves forward following his conviction on tax fraud charges. The euro climbed to $1.3538 from $1.3487 late in New York on Thursday. HONG KONG - Asian markets closed mostly higher ...