In this TPB Q & A we ask the TPB three important questions about branding, overseas staff and supervision.
Non-ECI Non-FDAP - how is US sourced income that is neither ECI nor FDAP taxed in the US if derived by a non-resident?
How LLC income is taxed in the US - disregarding any treaty position - depends on three things as Gary Carter will tell you in this episode.
For US citizens living in Australia, the US taxation of Australian SMSFs is a huge question.
Putting a duplex development onto a site that was previously a main residence can throw a lot of tax issues at you.
In this duplex development brainstorming session let's talk about the tax implications of duplex developments.
Can you still claim the main residence exemption while tax deducting your home loan?
Missing trust distributions can cost you a lot of money unless you have a default beneficiary.
For an expansion into the US is it best if your Australian trust holds LLC interests directly? Rather than going through a C-Corp?
When you give an Australian loan to US operations, should you loan to your US blocker or directly to your US trading entity?
When would you set up an LLC plus blocker to expand into the US market? Marsha Dungog of Withers has the answer.
Inbound investments have implications for Australian tax. Clint Harding of Arnold Bloch Leibler in Sydney will tell you what they are.
How do you show Australian companies in US returns? Seth Hertz of US Expat Tax has the answer.
Cross-border royalties - what do you need to look out for when your client pays royalties to an entity overseas?
As a non-US tax resident, should you run your US business through an LLC or C-Corp?
To block or not to block - that is the question Clint Harding and Alex Rasmussen will discuss with you in this episode.
The conditions for the NSW jobsaver and micro-business grant are changing. Matthew Addison of ICB has the details.
A Private Ancillary Fund allows you to claim a tax deduction while still retaining some control of the trust funds.
PSI or PSB? The answer can cost or save you tax. Here is Andrew Henshaw of Velocity Legal in Melbourne with the details.
The taxation of IP is about CGT, depreciation, instant asset write-offs and tax incentives. Here is Melissa McGrath with more details.
How to you expand into New Zealand? What GST and income tax implications does this have? Here is Mike Reddy of NZTax.com.au.
What happens to your tax position when you expand overseas? Here is Clint Harding of Arnold Bloch Leibler in Sydney with the anwer.
How do you treat the US stimulus cheques in Australian tax returns? Seth Hertz of US Expat Tax in Sydney will give you the answer.
There has been a significant testamentary trust law change affecting how distributions to minors are taxed.
Will going AWOL save you money? What happens when your company keeps trading but ignores all ASIC and tax debts?
In this episode Geoff Stein of Brown Wright Stein Lawyers in Sydney will discuss ways with you to reduce stamp duty.
Here are the 10 most important tax concessions announced on budget night 6 October 2020.
The upcoming Jobkeeper changes will affect whether you continue to qualify and how much you get if you do.
NSW land tax is a charge on any land in NSW you hold as of 31 December unless an exemption applies.
The Commercial Tenancies Code might be the lifeline you need. Here is Scott McKenzie of Velocity Legal with more.
What are the most current changes around property and tax? Here is Bob Deutsch of The Tax Institute with some insights.
How do you 'read' an US individual tax return for Australian tax purposes? This is the question we asked Seth Hertz of Expat US Tax.
US v Australian tax for individuals - how is US tax different from Australian tax and vice versa? Here is Seth Hertz with some insights.
US citizens living in Australia are taxed on their worldwide income in Australia but also in the US. Here is Seth Hertz of Expat US Tax with more.
What are the three biggest issues around international tax at the moment? Here is Bob Deutsch with some thoughts.
The Foreign Investment Review Board is to protect Australia's national interests. Here is Simon Dorevitch with more.
In this episode Simon Dorevitch of A & A Tax Legal Consulting in Melbourne will tell you how the so-called Netflix tax actually works.
You pay GST on taxable importations but get it back if a creditable importation. Here is Simon Dorevitch of A & A Tax Legal Consulting with more.
Tax effective structuring is not a one-size-fits all. Andrew Henshaw of Velocity Legal in Sydney will walk you through the options you have.
Since the 2019 Harding case a permanent place of abode no longer needs to be a specific dwelling. Here is Andrew Henshaw of Velocity Legal with more.
The following insights of Andrew Henshaw of Velocity Legal will give you hands-on advice how to handle a tax dispute with the ATO.
In this episode Robyn Jacobson of TaxBanter will walk you through the judiciary (courts) and administrative side (ATO) of our tax law system.
Australia's three independent arms of government shape our tax system. Robyn Jacobson of TaxBanter will tell you more.
If we can't reform our tax system, should we try to at least simplify it? Here is Chris Evans of UNSW with some insights.
In this episode Chris Evans of UNSW looks at tax reform and why this seems to be an insurmountable task in Australia.
ATO disputes do not count as the most pleasant life experience for most. So how can we avoid them or manage them? Andrew Henshaw of Velocity Legal will give you an answer.
In this episode Peter Bobbin of Argyle Lawyers will tell you when a testamentary trust makes sense - and when it doesn't.
In this episode Peter Bobbin of Argyle Lawyers will tell you more about a new non-arm’s length concept - non-arm’s length expenses - NANE.
s295-550 ITAA97 doesn't get much limelight but is much more dangerous than s109 of the SIS Act. Here is Peter Bobbin of Argyle Lawyers with more.
Non-arm's length income features in most court cases around the sole purpose test as Peter Bobbin of Argyle Lawyers will explain in this episode.
A death benefit is any payment your super fund makes after you die. Here is Gordon Mackenzie of UNSW with more.
The R & D tax incentive is about to change. Simon Dorevitch of A&A Tax Legal Consulting will tell you more.
The Board of Taxation is currently reviewing Australia's small business tax concessions. Here is Dr Mark Pizzacalla with more details.
How do we support aged living in Australia? John Saunders of The Pittwater Partnership will walk you through the options.
Trust income streaming is an important feature of non-fixed trusts. Here is Paul Mackenroth of Cleary Hoare with the details.
The taxation of trusts lives in the 'old' ITAA36. Paul Mackenroth of Cleary Hoare in Brisbane will walk you through the framework of Division 6.
Section 102 of ITAA36 about revocable trusts is an anti-avoidance provision. Paul Mackenroth of Cleary Hoare in Brisbane will tell you more.
Phoenix activity is a common phenomenon in the Australian tax ecosystem. Ben Sewell of Sewell & Kettle will tell you how phoenixing works.
Choosing the right trust structure is an important step to effectively manage and administer wealth. Here is Paul Mackenroth of Cleary Hoare with more.
How do you set up a discretionary trust? Paul Mackenroth of Cleary Hoare in Brisbane will walk you through the process.
The relationship between trustee and beneficiary is defined by rights and duties. Paul Mackenroth of Cleary Hoare in Brisbane will tell you more.
When moving a TRIS to retirement phase, does it matter when you notify the trustee? Meg Heffron of Heffron SMSF Solutions has the answer.
When a member dies, there is a lot to deal with in the aftermath - including the member's SMSF. Here is Meg Heffron of Heffron SMSF Solutions with the details.
The bring forward rule for non-concessional contributions now needs to work around the TSB. Meg Heffron of Heffron SMSF Solutions will tell you more.
To minimise tax you need to maximise your exempt current pension income (ECPI). Melanie Dunn of Accurium will tell you how.
Not every SMSF needs an actuarial certificate. Whether you do or don't depends on a range of things. Here is Melanie Dunn of Accurium with the details.
To segregate or not - that is a big question and affects ECPI. Melanie Dunn of Accurium will walk you through the details.
Tax havens start talking to the ATO thanks to the new Common Reporting Standards. Ben Sewell of Sewell & Kettle provides a helpful overview.
The R&D Tax Incentive can help companies to survive and prosper. But how? Kevin O'Hara of Techwitty will walk you through the details.
If you could change one thing about the Australian tax system, what would it be and how? Robert Deutsch of The Tax institute asked that question.
Is it debt or equity? Scott Treatt of Pitcher Partners will walk you through Div 974 that governs the classification of debt and equity.
The Panama Papers were the scandal the world had to have. In this episode Ben Sewell of Sewell & Kettle in Sydney tells us how it happened and what it meant.
Estate planning is complex because it has so many moving parts: trust law, super law, tax law, family law. Ben Symons of State Chambers, NSW will walk you through the jungle.
How do you set up shop in an offshore tax haven? Ben Sewell of Sewell & Kettle shows you what it takes and a few more things along the way.
Are we as tax advisers allowed to partially commute balances from pension back to accumulation? Here is David Moss of Merit Wealth on this issue.
Payroll exemptions and rebates are not harmonised across Australia. Here are Andrew Fricot and Ankur Dhar of Revenue NSW with the details.
According to the ATO the sole purpose test is the most commonly breached rule. Manoj Abichandani of Online SMSF Auditor discusses the issue.
CFDs are complicated. Jonathan Preston of HomeLoan Experts traded CFDs for quite a few years and will walk you through the ins and outs of CFD trading.
FBT can be complicated and confusing. Claire Thornett of WLF will give you a comprehensive overview of the FBT system in Australia.
How do objections and appeals work? King Tan of King & Wood Mallesons will give you an answer and much more.
How to manage a risk review or tax audit? King Tan of King & Wood Mallesons freely shares his knowledge and expertise with you here.
King Tan of King & Wood Mallesons will walk you through the lifecycle of a tax dispute. All the way from pre-engagement to objections and appeals.
Most of Australia's payroll tax legislation is harmonised across Australia. Andrew Fricot and Ankur Dhar of Revenue NSW will show you.