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Showing 881 - 890 of 6836 results for "Tax"

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
PwC acting chief executive Kristin Subbins confirmed the embattled firm will stand down more senior staff while tax breach investigations continue, however their names will not be revealed. In an open letter, Stubbins apologised for the firm sharing ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... responsible for the accounting functions of the entity such as statutory and regulatory reporting, performance reporting, and tax, in addition to investor relations, treasury, workplace experience and transformation. Other than AWM, what is left of AMP ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... matter, in which PwC senior partners shared information obtained during a confidential consultation with Treasury concerning tax law changes, has been escalated. "PwC Australia's former head of international tax, Peter Collins, improperly used confidential ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... after deducting any liabilities of the fund, to your nominated bank account as soon as reasonably practicable." Regarding tax consequences, Macquarie said whether investors redeem prior to the termination date or receive net proceeds after, it is expected ...

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... they've ended up with a product that failed the Performance Test," Anderson explained. Further, he highlighted potential tax implications related to wrap products. Anderson said that wrap products don't realise tax until the assets are sold which ...

Betashares previews NZ PIE fund offering

CHLOE WALKER  |  MONDAY, 22 MAY 2023
... making a range of innovative investment strategies available to NZ-based investors and their advisers within a familiar and tax-efficient PIE structure," chief executive Alex Vynokur said. "We've been actively servicing New Zealand clients since our ...

'Kick down the road' mentality fuels retirement insecurity: Study

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... align with your goals and risk tolerance. They provide behavioural coaching, asset allocation research and management and tax savvy planning - areas that DIY investors can often overlook and can add enormous value to wealth creation over time." "Quantifying ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... bootcamp for young advisers and Synchron's legal battle against the State Revenue Office of Victoria in relation to payroll tax being applied to the earnings of small advice practices, which ran from 2014 to June 2016. On LinkedIn, former colleagues ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... sources, the employer, the member, and then administrators and trustees upon a successor fund transfer." He said, assuming tax file numbers (TFN) are correctly disclosed and inputted, you'd assume a solid starting point for good data. "So, you assume ...