Budget proposal 'ambushes' self-managed super funds
Article Abstract:
A new Australian budget proposal would change the use of private unit trusts. Self-managed super funds would be forced to dispose of almost all property unit trust holdings. These self-managed funds allow members to establish private unit trusts that borrow to buy assets the individuals could not afford.
Publisher: B R W Media
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
Public Finance Activities, Budget Process, Budget, Budgeting, Budgets
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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In for the kill: the tax office is launching a final assault on avoidance schemes, but promoters are not going down without a fight
Article Abstract:
Moves by the Australian tax office to eliminate aggressive tax planning are discussed. These moves include a more coordinated way of drafting tax law to scale down the chances of loopholes that create opportunities for tax schemes.
Publisher: B R W Media
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
Cover Story, Tax planning, Tax policy
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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Subjects list: Australia, Laws, regulations and rules
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