Tax News & Articles

US citizens in Australia and Australian residents with US bank accounts and investments are a focus of information sharing activities between the ATO in Australia

We are often asked how to obtain a tax invoice when using a booking website. In this article we will use the simple example of

The ATO have released updated and expanded guidelines to their risk classification matrix for professional practices, and specifically about how much of the profits arising

Issue An Australian resident taxpayer has started increasing its sales to international customers, mainly across Asia. Should the taxpayer set up a company offshore? Basic

It is common for tenants to be responsible for fit out costs for leased premises. Common law considers anything that is properly affixed to the

True or false: If the “foreign income tax” paid in a financial year by a taxpayer is less than $1,000, they are automatically entitled to

From the outset there is no mischief with a discretionary trust distributing to a beneficiary that is a private company, provided of course, that the

Issue A taxpayer has applied the margin scheme when selling a vacant block of land. The Taxpayer is about to lodge the BAS and wants

An organisation contacts you to discuss its Pay-roll Tax (‘PRT’) status. The organisation is a not-for-profit and has objects that qualify it as a charitable

Many Australian investors have acquired real estate investments in the United States in recent years and in most cases they have been advised to do