Insights

Changes to Duty Laws in NSW: options, anti-avoidance rules and promoter penalties now in force

On 19 May 2022, the State Revenue and Fines Legislation Amendment (Miscellaneous) Act 2022 (NSW) received royal assent (the Amending Act). The Amending Act made a number of amendments to the Duties...

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Treasury consults on Corporate Collective Investment Vehicles

On 27 August 2021, the Department of the Treasury of the Australian Government (Treasury) released a package of documents including exposure draft legislation and exposure draft explanatory...

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GLI: Corporate Tax 2020

Partners Andy Milidoni and Prashanth Kainthaje have written the Australian chapter for the eighth edition of Global Legal Insights: Corporate Tax 2020. 

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International Comparative Legal Guide: Public Investment Funds 2020

Partners Austin Bell and Andi Milidoni have written the Australian chapter for the International Comparative Legal Guide: Public Investment Funds 2020.

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Foreign Person Surcharge Duty, Discretionary Trusts - Recent Announcements in Victoria and NSW

Foreign Persons Surcharge Duty and Discretionary Trusts have recently changed in VIC and NSW.

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GLI: Corporate Tax 2019

Partners Andy Milidoni and Prashanth Kainthaje have written the Australian chapter for GLI: Corporate Tax 2019.

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International Comparative Legal Guide: Alternative Investment Funds 2019

Partners Austin Bell and Andi Milidoni have written the Australian chapter for the International Comparative Legal Guide: Alternative Investment Funds 2019

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International Comparative Legal Guide: Private Equity 2019

A practical cross-border insight into private equity.

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The new GST withholding regime for New Residential Premises and Potential Residential Land

With effect from 1 July 2018, a new withholding regime for GST will require purchasers to withhold an amount from the purchase price for ‘new residential premises’ and for ‘potential residential...

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Public Investment Funds 2019

The International Comparative Legal Guide to: Public Investment Funds 2019

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Is your profit margin on the ATO’s radar? Transfer Pricing & Inbound Distributors

On 23 November 2018, the Commissioner issued Draft Practice Compliance Guide 2018/D8 (PCG 2018/D8) outlining his compliance approach to the transfer pricing outcomes associated with inbound...

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Embedded royalties in payments under cross-border supply contracts

Australian distributors and manufacturers should review their cross-border supply arrangements to determine the risk of TA 2018/2 applying to their arrangements.

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Practical Law Guide: Investing in Australia

A Q&A guide to investing in Australia.

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Employment review: what's on the horizon for 2013

2012 was a busy year in employment law and workplace relations. With a Federal election to be held this year, it is likely that 2013 will be another eventful...

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Proposed loss carry-back scheme for corporate taxpayers

On 23 August 2012, the Commonwealth Treasury released, for consultation, an exposure package consisting of draft legislation and accompanying draft explanatory memorandum in respect of the...

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Changes to Queensland stamp duty - duty treatment of prospecting and exploration permits and authori

The Queensland Government announced in its Mid Year Fiscal and Economic Review (State Budget 2011-12) released on 13 January 2012 the stamp duty changes to the imposition of duty on direct and...

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Taxation treatment of earn out rights

As part of the Commonwealth Budget 2010-11, the Assistant Treasurer announced the Government...s intention to enact legislation to apply a ...look-through... capital gains tax (CGT) treatment for...

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The proposed Minerals Resource Rent Tax

On 2 July 2010 the Prime Minister, Deputy Prime Minister and Treasurer, and the Minister for Resources and Energy issued a Joint Media Release (JMR). The JMR announced a 'breakthrough agreement' and

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Exemption from duty for Queensland exploration authorities

Administrative treatment, and transfers under farm-in transactions -- This article summarises Duties Act Public Ruling DA000.12.1, "Transfer duty - exemption for farm-in transactions in the resource

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NSW Stamp Duty: novation not a transfer

On 30 January 2013, Gzell J of the New South Wales Supreme Court handed down the decision in CTI Joint Venture Company Pty Ltd v Chief Commissioner of State Revenue [2013] NSWSC 20. The decision...

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Taxation of trusts update

The following articles provide an overview of the recent developments in relation to the taxation of

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Which trustee is liable for tax when there is a change of trustee?

The Commissioner issued Practice Statement Law Administration PS 2012/2 on 28 June 2012. PS LA 2012/2 sets out the Commissioner's approach to determining from which entity he will seek to recover

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What is a 'real risk of forfeiture' or a 'genuine restriction on disposal' under the new employee sh

The new employee share scheme (ESS) provisions, contained in Division 83A of the Income Tax Assessment Act 1997 (Cth) (1997 Act), apply from...

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Indirect tax sharing agreements

On 28 June 2010 Tax Laws Amendment (2010 GST Administration Measures No. 2) Act 2010 (Cth) (the Act) was given Royal Assent. The Act establishes the legislative framework for entities which are...

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