Our latest eNewsletter includes information on the following topics:
Local government payments in ATO sights- The ATO says it will acquire details of entities receiving taxable payments from local government council and shire authorities.
Tax bill for transfer of land to joint development trust – A taxpayer has been unsuccessful in challenging a tax bill following a transfer of land it owned to a trust.
Forestry managed investment scheme losses refused – An individual has been unsuccessful before a tribunal in a matter concerning losses claimed in tax returns.
Property rental deduction claims mostly refused – A tribunal has mostly affirmed an ATO decision refusing a taxpayer a variety of deduction claims relating to rental properties.
Brothers in business together, but not a partnership – The Supreme Court of Western Australia has found that two brothers were not in a partnership.
Daughter found to be “puppet director” of company trustee – A couple has been successful before a tribunal in a case concerning the small business CGT concessions.
Bonsella News – Updates from the Bonsella Team.
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