Tax Office
Innocent mistakes around family trust elections
From: www.abl.com.au: Tax partner Jonathan Ortner warns that the ATO is intensifying its crackdown on family trust distributions tax, affecting businesses of all sizes, from farmers to large private groups.… read more
Warning that ATO cuts would hit revenue
From www.themandarin.com.au: The Australian Services Union has raised concerns that proposed cuts to the Australian Public Service by the federal opposition could significantly impair revenue collection functions at the Australian Taxation Office.… read more
April 2025 Round Up | the ATO and Bendel
From www.knowledgeshop.com.au: The ATO has issued an interim decision impact statement on the Bendel case, confirming it will not change its stance on the treatment of unpaid distributions owed to corporate beneficiaries until the appeal process concludes.… read more
Navigating the ATO’s tougher stance on Tax Debt
From worrells.net.au: The ATO has adopted a stricter stance on tax debt recovery, focusing on compliance and reducing leniency.
Debt collection practices have intensified, with quicker enforcement actions and new legislative changes affecting taxpayers.… read more
Draft TD 2025/D2 – Application of section 109R
From www.pitcher.com.au: Pitcher Partners submitted a response to the ATO) regarding Draft Taxation Determination TD 2025/D2, which addresses the application of section 109R in Division 7A relating to notional loans.… read more
Battle for whistleblower tackling Lendlease, PwC
From michaelwest.com.au: Whistleblower Tony Watson, who exposed a $300 million tax fraud by Lendlease, faces a legal battle against the construction giant and its advisors PwC, represented by 13 lawyers, while he struggles financially after losing his home.… read more