Alienation of personal exertion income and part IVA

Article Abstract:

Two Part IVA (of the Australian Income Tax Assessment Act 1936) cases give the evidence as to why negative gearing maybe coming under closer tax office scrutiny. As a general principle, the court may find that a taxpayer has avoided the alienation of personal services rules but it does not mean that the alienation will be successful for tax purposes.

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The rematch: a 10 year report card

Article Abstract:

Michael Carmody, has been the President of the Australian Tax System for ten years during which the tax legislation was rewritten, the goods and services tax and the Ralph Committee reforms were introduced. According to him, the probable next major area of tax reform would be changes to the international tax regime.

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Alienation of personal services income

Article Abstract:

The Australian government's new alienation of personal services income tax law is considered.

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