Now showing items 1-11 of 11

    • The $6 million net asset value test for small business 

      Kenny, Paul; Blissenden, Michael (LexisNexis, 2014-07)
      Taxpayers who seek to disregard a capital gain under the small business capital gains tax (CGT) concessions regime are likely to be audited and those who are not formally audited may face a phone review. The Australian ...
    • Are changes to negative gearing in Australia imminent? 

      Villios, Sylvia; Blissenden, Michael; Kenny, Paul (LexisNexis, 2015-12)
      Negative gearing on levered investments is one of Australia’s most prevalent tax shelters and has been the focal point of an ongoing and heated debate.1 While negative gearing is most commonly used in property,2 there is ...
    • General Editor’s note 

      Kenny, Paul (LexisNexis, 2014-06)
      Welcome to the second issue of the Australian Tax Law Bulletin. At the time of writing, some weeks after the 2014 Federal Budget, the uncertainty over the tax reform proposals continues to impose social and economic costs. ...
    • Reducing tax complexity: quick reference cards for tax practitioners 

      Kenny, Paul (LexisNexis, 2015-02)
      Overcoming complexity in the tax system is one of the major challenges for the profession as well as the community. This article looks at the development of quick reference guides (QRGs) that seek to improve simplicity by ...
    • Reducing the company tax rate and abolishing the MRRT: a step forward or back? 

      Villios, Sylvia; Xynas, Lidia; Kenny, Paul; Blissenden, Michael (LexisNexis, 2014-12)
      The Australia’s Future Tax System Review,1 commonly referred to as the Henry Tax Review (the Review) has been “one of the most comprehensive reviews of the tax and transfer system” ever undertaken in Australia.2 The overall ...
    • Residency and Australians working overseas: can be an expensive lesson in tax law 

      Kenny, Paul; Blissenden, Michael; Villios, Sylvia (LexisNexis, 2015-12)
      Residence is important in determining the Australian income tax liability for individuals that are residents (all income sources) and foreign residents (Australian income sources) of ordinary and statutory income.1 In ...
    • Share trader or share investor: drawing the line - Devi and FCT 

      Kenny, Paul (LexisNexis, 2016-09)
      The question of whether a business exists for income tax purposes is a perennial issue that ends up at the Administrative Appeals Tribunal (AAT) and occasionally the courts, notwithstanding the longstanding principles of ...
    • Small business capital allowances 

      Kenny, Paul (LexisNexis, 2018-11)
      On 1 July 2001 Australia introduced a new concessional small business entities (SBE) depreciation regime in Subdiv 328-D of the Income Tax Assessment Act 1997 (Cth) (ITAA1997). Many changes have been made to the regime ...
    • Tax opportunities for state governments 

      Kenny, Paul (LexisNexis, 2017-10)
      The potential tax opportunities for Australian state governments to broaden their tax bases can be illustrated by comparing the revenue raised by the current tax system with that of a sensible tax system (the tax gap). A ...
    • Wine tax reform needed to unwrap red tape strangling struggling industry 

      Kenny, Paul (LexisNexis, 2017-04)
      The wine tax and its accompanying rebate are outdated and they distort the Australian wine industry. The tax is encouraging the production of cheap wines resulting in oversupply at a time when the industry is struggling ...
    • Yet another round of problematic small business tax concessions 

      Kenny, Paul (LexisNexis, 2015-06)
      Running or advising a small business is becoming more complicated given the numerous twists and turns of government policy in respect of the small business entity (SBE)1 concessions. The timing of asset purchases for ...