Taxing times
Article Abstract:
Issues are presented concerning a number of taxation matters including the Packer family's taxation dispute, dividend stripping by Consolidated Press and the disallowance of interest deductions by the Australian Taxation Office.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2001
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Taxing times
Article Abstract:
Australian tax law relating to the deductibility of bonuses and to the designation of employees as independent contractors is discussed. The general rule is that a deduction is permitted only for loss or outgoing which is 'incurred.' An individual may wish to alter status from employee to independent contractor for superannuation reasons.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2001
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Reasonably arguable test and controlling shareholder superannuation
Article Abstract:
The controlling superannuation scheme is at the very low end of tax minimisation arrangements. The main advantage of a GST as compared to indirect taxes is that this form of the tax assists the Taxation Office in its enforcement of the tax law.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2003
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