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IGOT: Report on Tax Office large business audits released
Thursday 8 September 2011
The Inspector-General of Taxation (IGOT), Mr Ali Noroozi, has recently released a report into his review into the Tax Office’s large business review and audit policies, procedures and practices.
Tax Office wary of SMSFs and lending
Thursday 8 September 2011
The Tax Office has recently outlined its concerns in relation to trustees of self-managed superannuation funds (SMSFs) who lend money from the fund to people who provide advice or assist in the running of the fund.
Tax Rulings, Determinations & Interpretative Decisions - 8 September 2011
Thursday 8 September 2011
View a summary of recently released and withdrawn Tax Rulings, Determinations and Interpretative Decisions.
New and proposed legislation September 2011
Wednesday 7 September 2011
A summary of legislative bills before parliament and new regulations.
Regulator Roundup - September 2011
Wednesday 7 September 2011
The following information has been released by the Tax Office.
Reminder: Extended lodgement dates of TFN reports for closely held trusts
Thursday 25 August 2011
From 1 July 2010, new Tax File Number (TFN) reporting rules were introduced to ensure that assessable distributions made to beneficiaries of closely held trusts align with the amounts returned by these beneficiaries in their tax returns.
Tax Office: Beware of scammers during this tax time
Thursday 25 August 2011
In a recent Media Release, the Commissioner of Taxation, Michael D'Ascenzo has warned taxpayers to watch out for tax-related scams during this tax time.
ATO Publications released - August 25, 2011
Thursday 25 August 2011
The latest publication releases from the ATO.
Tax Rulings, Determinations & Interpretative Decisions - 25 August 2011
Thursday 25 August 2011
View a summary of recently released and withdrawn Tax Rulings, Determinations and Interpretative Decisions.
Consultation Paper: Refund of excess concessional contributions
Thursday 25 August 2011
The Assistant Treasurer, Bill Shorten, has recently released a consultation paper in relation to the Government's announcement of the refund of excess concessional contributions measure.
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