Taxing times

Article Abstract:

A solicitor specialising in revenue and corporate law, discusses various issues involving tax problems, including those of Australia's former Minister of Tourism, John Brown. Brown was given a $A1 million Surfer's Paradise property by a land developer who Brown helped set up a large business deal, but the former Minister did not declare the property as assessable income on his tax return.

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Taxing times

Article Abstract:

The tax office's latest legal battles are described. The debate is on whether a trust established to assist indigenous persons to make a career at the New South Wales Bar could be a 'deductible gift recipient' or not.

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Taxing times

Article Abstract:

Australian tax regulations on transferring company losses are explained. Guidance for accountants on the rules governing the taxation of charities is presented.

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