Estate planning
Trust Tax Losses
Australian trust loss rules are complex, poorly understood and onerous to apply. As a result,…
Estate planning
Corporate Tax Losses
Do you pass the ‘continuity of ownership’ (COT) test? If your company has past tax…
Estate planning
Mitigating penalties on Div 7A
Introduced almost 19 years ago, Division 7A and its various exemptions apply to all private…
Estate planning
DIVISION 7A – No obligation to repay principal on sub-trust loan
Practical Compliance Guideline (PCG) 2017/13 has been released by the ATO to deal with Division 7A…
Estate planning
GST on Amazon Fees
Amazon has just announced that it will charge 10% GST on Selling on Amazon fees from 1…