When plans fall flat: there's a lot more to some aggressive tax schemes than meets the eye

Article Abstract:

The Australian Tax Office has over recent years begun imposing heavy penalties on participants in some tax schemes. Most of the schemes that have been targeted have financial arrangements indicating separate paper flow of money and cashflow.

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CPA tax reform initiatives

Article Abstract:

Several key tax reform initiatives have been achieved by the Australian Certified Professional Accountants organization, including simplification of the Goods and Services Tax.

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At a loss?

Article Abstract:

Tax information is given concerning the introduction of loss integrity legislation in Australia, which will effect net capital losses, tax losses and bad debt.

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