ASIC discussion paper on private capital
From hamiltonlocke.com.au: ASIC released a discussion paper exploring the dynamics between public and private markets, highlighting a significant shift of funds from public to … read more
Month: February 2025 AWST
Corporate Governance and Due Diligence in Emerging Market Transactions
From alvarezandmarsal.com: Discusses the critical role of corporate governance due diligence in emerging market transactions, emphasising its strategic importance rather than just a compliance … read more
Regulatory scrutiny of private capital increases
From allens.com.au: Regulatory bodies are heightening their scrutiny on private capital, including private equity, private credit, infrastructure, and property funds.
This increase in oversight … read more
Adviser shortages spell trouble globally
From www.professionalplanner.com.au: Australia, the UK, and the US are all facing significant shortages of financial advisers despite a growing demand for financial advice, prompting … read more
Feb 2025 Round Up | Implications of the Bendel case
From www.knowledgeshop.com.au: The Full Federal Court dismissed the ATO’s appeal in the Bendel case, ruling that unpaid present entitlements (UPEs) owed to corporate beneficiaries … read more
Microsoft confirms it’s killing off Skype in May, after 14 years
From www.bleepingcomputer.com: Microsoft has announced that Skype will be shut down on May 5, 2025, after 14 years of service, urging users to transition … read more
Joint effort needed for cryptoasset tax changes
From www.icaew.com: (UK context) ICAEW is collaborating with six other organizations to assist cryptoasset owners and reporting cryptoasset service providers in adapting to the … read more
Australian Expats May No Longer Be Entitled to US Social Security
From atlaswealth.com: A new bill, H.R. 1547, introduced in the U.S. House of Representatives may strip Australian expats of their eligibility for Social Security … read more
The complexities of lying in the workplace
From www.accountantsdaily.com.au: Lying in the workplace undermines trust and integrity, affecting both employee behaviour and organisational culture.
Various motivations for lying include fear, embarrassment, … read more
Bendel: Tax Office under microscope with its UPE approach
From www.accountantsdaily.com.au: The recent Bendel decision has overturned the Australian Taxation Office’s longstanding interpretation that a UPE with a corporate beneficiary can be deemed … read more
ATO warning about NFP tax avoidance schemes
From www.accountantsdaily.com.au: The ATO has issued a warning about a rising trend of tax schemes that exploit not-for-profit structures to avoid taxes.
These unlawful … read more
PS LA 2025/1
Extension of time to apply for a director identification number
See link Date published: Feb 28, 2025
Hired equipment abandoned by the hiree
From www.bartier.com.au: When hired equipment is abandoned by the hiree on a third party’s premises, the owner must navigate different laws concerning uncollected goods … read more