A draft practice statement has been issued which sets out the circumstances in which the ATO may recover indirect taxes outside the statutory limit under the exceptions set out in sec 105-50 of Schedule 1 to the Taxation Administration Act 1953 (PS LA 2529 (draft)).
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29 Sep 2010
Amending Bills reintroduced
Several amending Bills, including the Tax Laws Amendment (2010 Measures No 4) Bill 2010, were reintroduced into Federal ..
15 Sep 2010
Freezing orders continued
The Federal Court has continued freezing orders against five foreign corporations which had never filed tax returns in A..
31 Aug 2010
Penalty for recklessness
The Federal Court has allowed the Commissioner's appeal against a decision of the AAT and held that the taxpayer had fai.. |