Podcasts about australian tax

Are you wondering if you are still a tax resident of Australia after moving overseas? In this episode, Sally Preston provides an in-depth overview of how to determine individual tax residency in Australia. She covers the ATO's 2023 updated ruling on the factors to consider for tax residency.

Australian authorities continue to crack down on multinational companies it believes are trying to avoid Australian taxes—and a recent court ruling against PepsiCo Inc. gives them a tough weapon. A judge ruled in November that sales of beverage concentrate from a Singapore Pepsi affiliate to an Australian Pepsi bottler also effectively included royalties for the use of Pepsi trademarks and intellectual property that the company should have been taxed on. But for the first time, the judge also blessed the use of Australia's “diverted profits tax,” or DPT, which slams companies with a 40% tax rate if they're orchestrating their transactions to obtain tax benefits. PepsiCo, which is appealing the ruling, didn't have to pay the DPT itself, since the judge ruled that royalty withholding taxes apply to it instead. But the harsh tax could be used against other big multinationals that rely on trademarks, patents, and other intellectual property as a key part of their business, like pharmaceutical and technology companies. Bloomberg Tax senior reporter Michael Rapoport spoke with Angela Wood, a partner at Clayton Utz in Melbourne, about the PepsiCo ruling, its potential effects, and what companies should do to cope with it. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

China stock market has rebounded on a report of a US$278 billion plan to support stock values. In Australia, the Federal Government is reported to be about to shift the mix of ‘Stage 3' tax cuts towards lower to middle income earners. In part two of our bonus deep-dive interview, ANZ's Chief Economist for Greater China, Raymond Yeung, looks at the deflationary implications of growing numbers of unemployed migrant workers in China's cities. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

Members regularly get in contact with the CA ANZ Tax Team for support on addressing issues with the Australian Tax office. Many are frustrated with declining service standards, especially how long it is taking the ATO to address issues and poor communication from the ATO.    In this episode, Senior Tax Advocate Susan Franks CA explains how to get improved service, what CA ANZ is doing to advocate on behalf of members, the resources CA ANZ has available to help and what's on the agenda for next year.  Useful links:  Sharing Knowledge:  Lodgement Tips and Tricks (October 26, 2023)  Inspector General of Taxation and Taxation Ombudsman Update (October 19, 2023)  ATO Debt Collection (REGISTER NOW: 7 December, 2023)  Receive Tax News: Members can sign up for a tax newsletter from the CA ANZ Tax Team by updating ‘My Preferences' in My CA   Email the CA ANZ Tax Team or give us a call  See omnystudio.com/listener for privacy information.

In episode 2, Entrepreneur Karan Anand shares his journey as managing director of the fintech company Hnry, focusing on its mission to simplify tax and financial management for self-employed individuals. From customer engagement to company growth, and work-life balance to stress management, Karan delves into the challenges of managing a growing company as it strives to balance purpose and profitability.

It looks like GST on food is going to be hard fought election turf. Te Pati Maori wants the 15 percent tax gone off all kai and Labour is rumoured to be ditching it off fruit and vege as an eleciton promise. Australia has no GST on most of its food, with the exception of bakery products, savoury snacks, confectionery, icecream and certain drinks. And that led to a few legal tussles. Michelle Bennett is a Melbourne-based Tax Partner for BDO and spoke to Lisa Owen. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6331976567112

The Dip Dudes discuss this week some more EV news and the bull of the EV market as of late. We also discuss Jetblu's recent activity and how Carl Icahn is trying to distance himself from the Hindenburg Research article about him released in May.

The Australian arm of consulting firm PwC is embroiled in an unprecedented political scandal following revelations that senior staff sold confidential information on government tax reforms to its multinational clients. PwC is defending allegations that it engaged in a deliberate multi-year strategy to cover up a breach of confidentiality in the tax leak scandal. The form stands accused of "monetising" confidential information that it obtained as a consultant to the government on laws to target multinational tax avoidance. The scandal has led to investigations from the Australian Federal Police (AFP) and the prospect of a referral to the new National Anti-Corruption Commission (NACC). PwC is also navigating a probe from the national accounting body, numerous Senate inquiries, and three internal reviews within PwC, including one led by its global leadership.The case has also cast a cloud over the firm's 900 partners in Australia and 10,000 staff, leaving the organisation in damage control mode. Peter Collins, PwC Australia's head of international tax, has been banned by the Tax Practitioners' Board (TPB) for his involvement in the scheme.In a bid to stem the losses, PwC now plans to sell off its government consulting business, which generates A$600 million in annual revenue, for A$1 to private equity group Allegro. It is estimated that 130 partners and 2,000 staff will leave to join the new entity.In this episode of Compliance Clarified, Nathan Lynch discusses this unfolding corporate disaster with Niall Coburn, a lawyer and regulatory risk expert with Thomson Reuters Regulatory Intelligence in Australia.IMPACT ANALYSIS: Consulting firms warn staff about ethics as PwC misconduct is referred to police: http://go-ri.tr.com/WAlKdrCOLUMN: Australian Senate hands down PwC report, as firm sells government consulting arm for A$1: http://go-ri.tr.com/UKcnL3OPINION: Culture crisis at PwC Australia offers uncomfortable reminders of past accounting scandals: http://go-ri.tr.com/jUlpM6COLUMN: Australian regulatory body investigates PwC over unethical conduct involving U.S. tech giants: http://go-ri.tr.com/7a6KopCOLUMN: Evidence reveals PwC's Australian partners and staff profited from unscrupulous tax leak: http://go-ri.tr.com/27gXDz Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

Understanding Your Obligations: Navigating Australian Tax for Success with @eire_consulting.This week on the podcast Jenny gets into tax and how to navigate it. Her education and simple explanations help everyone who listen. Her content on instagram @eire_consulting helps simplify everything, so check it out. Listen to both parts of this episode as we go into Working holiday Visa Tax rules, Residency Tax Rules, Deductions, Salary Sacrifice, Owning an Investment Property and lots more. Listen to the end of Part Two for our Q and A.Disclaimer: Not financial advice and always seek professional advice for your individual situation.Follow @averagejoedownunder on instagram and head to the blog at www.darrenjonathon.com for more information and to keep up to date.Support by buying me a coffee to keep the content coming  https://www.buymeacoffee.com/darrenjonathonThanks DJ

Understanding Your Obligations: Navigating Australian Tax for Success with @eire_consulting.This week on the podcast Jenny gets into tax and how to navigate it. Her education and simple explanations help everyone who listen. Her content on instagram @eire_consulting helps simplify everything, so check it out. Listen to both parts of this episode as we go into Working holiday Visa Tax rules, Residency Tax Rules, Deductions, Salary Sacrifice, Owning an Investment Property and lots more. Listen to the end of Part Two for our Q and A.Disclaimer: Not financial advice and always seek professional advice for your individual situation.Follow @averagejoedownunder on instagram and head to the blog at www.darrenjonathon.com for more information and to keep up to date.Support by buying me a coffee to keep the content coming  https://www.buymeacoffee.com/darrenjonathonThanks DJ

When the government went about drafting new tax avoidance laws in 2014, it turned to the big consulting firm, PwC, to help put together the best policy possible.  But it had no idea the very firm it was paying to do that would use the highly confidential information it obtained to try to help its own multinational clients avoid the new tax.  Today, ABC business reporter, Daniel Ziffer, on the evolving scandal, and whether Australian taxpayers are being ripped off.  Featured:  Daniel Ziffer, ABC business reporter 

When the government went about drafting new tax avoidance laws in 2014, it turned to the big consulting firm, PwC, to help put together the best policy possible.  But it had no idea the very firm it was paying to do that would use the highly confidential information it obtained to try to help its own multinational clients avoid the new tax.  Today, ABC business reporter, Daniel Ziffer, on the evolving scandal, and whether Australian taxpayers are being ripped off.  Featured:  Daniel Ziffer, ABC business reporter 

Tom Patri and I discuss the Australian tax man taking 47.5% of Talor Gooch's $6M from his winning paycheck at the LIV Golf Tournament in Adelaide, Australia. Tom also tells us about one of the hidden gem courses in Florida, Mountain Lake. We also debate the guys we think should be the faces of the PGA Tour going forward.

An Australian tax incentive threatens to stunt the growth of New Zealand's lucrative video game industry. Earning more than $400 million dollars a year, the sector has stalled as some of Aotearoa's biggest game makers opt to expand into Australia rather than at home. Reporter Felix Walton has more.  

It's been five years since former tax officer Richard Boyle blew the whistle on aggressive debt collection tactics used by the Australian Tax Office which he claims ruined people's lives. Now he could face jail time for going public, but this week he will argue that he's entitled to immunity from criminal prosecution under Australia's whistleblowing laws. Reporter Christopher Knaus explains to Laura Murphy-Oates how this case is a major test of Australia's whistleblower laws

Welcome to the sixty third episode of #Expatchat where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we discuss the proposed tax residency change and how we need to band together as Australian expats by providing as loud a voice as possible to Canberra. Most Australian expats are aware of the proposed tax residency rule change and the dreaded "45 day rule". ​ ​We recently received approval for an official House of Representatives petition to amend the proposals and need your help. ​ ​We only have until the 5th of October to get as many signatures as possible and obviously the more signatures we have the more seriously this will be taken. ​ ​We don't often ask of anything from our social media community but please share this post with as many people as possible and lets band together to make sure the Australian expat community voice is heard. In this episode we run through the following topics: • What is the proposed tax residency change petition? • How does a House of Representatives petition work? • How long do Australian expats have to sign the petition? Links that we discussed in this episode include: • Sign the petition - https://www.aph.gov.au/e-petitions/petition/EN4259 • Facebook Group - Don't forget to join our Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt

This week's special episode covers money issues for Australians abroad or anyone who has international investment queries. Financial adviser, Dr Doug Turek of Minchin Moore, joins James Kirby to discuss how to manage your Super if moving overseas, checking out the Bali tax break - living there and paying no Australian Tax... and receiving an inheritance from another country? Watch for tax treaties,See omnystudio.com/listener for privacy information.

https://www.ato.gov.au/General/Other-languages/In-detail/Arabic/ATO-podcast---Arabic/#Episode12

https://www.ato.gov.au/General/Other-languages/In-detail/Arabic/ATO-podcast---Arabic/#Episode11

Listen as Sentrika Director Darryl Dyson discusses the finer points of self managed superannuation funds on this episode of the ProActive Podcast.* *This podcast does not constitute financial advice

Taxation advisors night of nights was a bit of a letdown this year but there were still some items to think about. Breaking it down (or stretching it out) were Partners Toby Eggleston and Ryan Leslie and Professor Graeme Cooper.Want to go deeper?Budget papers

A recording of our recent 'Tax Bites' webinar, providing an update on all things Australian tax over the last 3 months, featuring Professor Graeme Cooper, Senior Associate Tristan Boyd and Partner Toby Eggleston.We delve into legislative developments, ATO publications and recent case law.We will be back later in March for the budget night special!

In this episode we're going to catch you up on something you're going to have to deal with at some point in your life, taxes. They're not something you can ignore, but they are something you can manage. Kate & Owen share the key taxes you need to know about, government incentives and deductions to be aware of, maximising your tax return each year and keeping good records. Episode transcript now available via the show notes page. Take one of our amazing FREE financial education courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community. Score $100 off our premium ASX & US share research service, Rask Invest! If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts or Spotify - it's a 5 second task which really helps support the show (and puts a big smile on our faces). Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. || We're proudly supported by ETF Securities || Learn more about ETF Securities: https://bit.ly/fundsETFS | DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Date recorded: 31st January 2022

In this episode we're going to catch you up on something you're going to have to deal with at some point in your life, taxes. They're not something you can ignore, but they are something you can manage.Kate & Owen share the key taxes you need to know about, government incentives and deductions to be aware of, maximising your tax return each year and keeping good records.Episode transcript now available via the show notes page.Take one of our amazing FREE financial education courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community.Score $100 off our premium ASX & US share research service, Rask Invest!If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts or Spotify - it's a 5 second task which really helps support the show (and puts a big smile on our faces).Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.|| We're proudly supported by ETF Securities ||Learn more about ETF Securities: https://bit.ly/fundsETFS |DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsgDate recorded: 31st January 2022

In this episode partner Jillian Gardner hosts a panel discussion on Environmental, Social, and Governance (ESG) issues. The topics covered include what is ESG, why it is increasing in importance at board and shareholder level and tax implications of ESG investments. Jill is joined by Alison Dodd of Herbert Smith Freehills, Hester Leung of My Specialised Accommodation Solutions, Leanne McDougall of Brookvale Energy and Craig Carmody of the Port of Newcastle.Want to go deeper?Greenwoods tax insights:Windfarm Assets – Chattel or Fixture?How does Tax Law support investment in hydrogen?

A little belated but this is episode is a recording of our inaugural Tax Bites webinar recorded in October 2021. Professor Graeme Cooper and partner Cameron Blackwood run through all the tax news fit to listen to relating to new legislation, ATO updates, Treasury announcements and cases. If you would like to attend our next Tax Bites webinar in early February please email Lara.Curtis@greenwoods.com.au 

In this episode, Senior Associate Rohan Corrigan and Partner Toby Eggleston discuss the ATO's practical compliance guide on imported hybrid mismatches.Want to go deeper?PCG 2021/5Greenwoods tax insight on the draft PCG Toby's book recommendationRabbits by Terry Miles

Paying Capital Gains Tax (CGT) isn't necessarily a bad thing because it means that you have sold an asset and made a profit, which is better than a loss, of course. That said, I'm certain that most people would prefer to pay less tax, not more. Therefore, it's important to understand the ins and outs of CGT.Capital Gain Tax basicsThe amount of tax you must pay on any capital gain is calculated using the below formula (for any asset purchase after 20 September 1985).See here. (A) Net sale proceeds – this includes the amount that you received less any direct selling costs such as advertising expenses, agent fees, legal fees, brokerage and so forth. If you have gifted the asset or sold it to a related party for less than market value, then your net sale proceeds are deemed to be equal to its market value.(B) Cost Base – this includes the total cost of the asset, which is what you originally paid for it plus any related costs such as brokerage for shares, stamp duty and buyers' agent fees for property, legal fees, professional fees and so forth. You may be able to include any holding costs and capital improvements in your cost base if you haven't already claimed a tax deduction for them. The cost base will be reduced by any depreciation or amortisation claimed on the asset during the ownership period.(C) 50% discount – if you have owned the asset for more than 12 months and you are a resident for Australian Tax purposes, you are entitled to reduce the net capital gain by 50%.(D) Marginal Tax Rate – The final step is to multiple the discounted capital gain by your marginal tax rate. For example, if you earn between $120,000 and $180,000, your marginal tax rate is 39% (including 2% Medicare levy).An exampleLeo purchased a property in 2002 for $550,000. The total costs associated with the purchase was $33,000. Leo sold the property in December 2021 and received $2.1 million net of all selling costs. As such, the gross gain is $1,517,000. The discounted gain is $758,500. And as Leo earns over $180,000 p.a. from his job, the whole gain will be taxed at the highest marginal rate of 47%. Consequently, Leo will have to pay $356,495 of tax when he lodges his tax return after 1 July 2022.What if you make a capital loss?A capital loss occurs when your net sale proceeds are less than your cost base. Capital losses can be used to offset capital gains. However, capital losses cannot be used to offset other income (such as employment income). Instead, you may carry a capital loss forward to use it in future years if/when you make a capital gain.Main residence exemptionYou are permitted to claim a CGT exemption on your home if (1) you and/or your spouse live in it, (2) you have not used it to generate an income e.g. rented it out and (3) the land is 2 hectares (2,000 sqm) or less.Your spouse and you can only nominate one main residence at any one time. Therefore, if you have two homes (e.g. a city residence and a beach-side property), only one of those properties can be deemed as your main residence.Various rules apply for different situations such as your main residence being on multiple titles e.g. adjoining vacant land, you have multiple dwellings on the same title, or you subdivided your main residence. In these circumstances, it is very important to obtain professional advice from a holistic accountant.Converting a main residence into and investment propertyIf you rent out a former main residence, you may only receive a partial main residence exemption:1. If you occupied the property immediately after you purchased it, your cost base will be deemed to be equal to the market value on the day that it first became available for rent; or2. If you initially rented the property to a tenant, and occupied it thereafter, your main residence exemption will be pro-rata by the number of days that you occupied the property. For example, if you purchased a property and rented it out for 2 years, then occupied it for 5 years and then rented it out again for 3 years before selling it, then 50% of the gross gain can be disregarded under the main residence exemption (as you occupied the property for 5 out of the total 10 years you owned it).If you rent out a former home and don't claim another property as a main residence, you can continue to claim the main residence exemption for up to 6 years. This is called the-6-year-rule which is explained here. If you re-occupy the property prior to the end of the 6-year period, it is possible to reset this exemption for another 6 years. If you do no re-occupy or sell the property before the 6 years has expired, you will lose this exemption.A company is not entitled to the 50% discountA company is not entitled to use the 50% discount. As such, a company is taxed on the gross capital gain (i.e. items A minus B above).If a company is eligible to be treated as a base rate entity, its tax rate will be 25% (for financial year 2021/22 and beyond). The maximum rate of tax payable by an individual is 23.5% (being the highest marginal rate less the 50% discount), so this company rate of 25% is only marginally higher.However, if the company doesn't qualify as a base rate entity, its tax rate will be 30%, which is prohibitively higher than an individual's rate. If you are going to use a company to invest, care must be taken to ensure your business income structure allows you to benefit from the lower company tax rate.Discretionary family trustIf a family (discretionary) trust crystalises a capital gain, it can distribute that gain to variously individuals and/or entities. Because trust distributions retain their tax nature and attributes, the capital gain will be taxed according to the beneficiary's tax position. For example, if it is distributed to individuals, they will be entitled to the 50% discount, are able to offset capital losses and so forth. If it is distributed to a company, it will not benefit from the 50% discount. Essentially, the capital gain flows through to the beneficiaries.SuperannuationSuper funds are concessionally taxed. In accumulation phase (i.e. pre-retirement) a super fund is taxed at a flat rate of 15%. A super fund can apply a CGT discount of one-third if it has held an asset for more than 12 months. As such, the effective rate of tax on capital gains is only 10%.In retirement (pension phase), the rate of tax is nil on all income and capital gains.Inherited assetsWhen you inherit assets, you inherit their original cost base and nature of the asset. This means if you subsequently sell the asset, you will be taxed on the full gain i.e. based on the predecessor's cost base. In our experience, when inheriting assets that have been held for many decades, tax records can be difficult to obtain which can be challenging.If you are selling the predecessor's former home, you may be able to utilise the main residence exemption.If the predecessor purchased the asset before 20 September 1985 (i.e. pre-CGT), then your cost base is deemed to be the market value as at the date of death.Minimising Capital Gains TaxOf course, you want to retain as much of any capital gain as possible, which means minimising your CGT liability. There are various ways you can do that, including:1. Crystalising the CGT event in the financial year that is most economical e.g. in retirement.2. Selling assets in the right order e.g. sell assets that are expected to crystalise a capital loss first.3. Gradually selling assets over many years – which is easier to do with shares.4. Proactively determine/plan the best use of your main residence emption.5. Structure asset ownership taking CGT liabilities into account e.g. trust or super fund. This is easier to do if you have a well-considering long-term strategy.Warning: don't rely solely on this summaryWhen it comes to tax, there's almost always special rules, treatments and exemptions that depend on your circumstances (e.g. the Small Business Capital Gains Concessions). Whilst the above summary is accurate, it is important that you seek personalised tax advice to ensure these rules can be applied in your circumstances.

This week we focus on trusts in particular the new reporting requirements for trust and a concerning court decision from Australia. We also review a harsh but not unexpected decision from the Taxation Review Authority regarding the taxation of arrears of weekly ACC compensation.

This episode is a recording of  a webinar hosted by the Corporate Taxpayers Association and Minerals Council of Australia to discuss the practical issues arising from the ATO's draft practical compliance guide on Intangible arrangements.The speakers were Chris Ferguson from the ATO, Kurt Burrows from Anglo American, our very own Greenwoods transfer pricing partner David Bond and litigation partner Hugh Paynter from Herbert Smith Freehills.Want to go deeper?Greenwoods briefing note on the PCGATO PCG 2021/D4

In 1978 a relatively unknown 21-year-old Phil Kelly claimed a remarkable Sandover medal - the WAFL's best-and-fairest award - playing for East Perth.  See omnystudio.com/listener for privacy information.

Australian Tax Explained - Your #1 FOCUS! // In this episode I want to walk you through typical Australian tax deductions and why you need to reconsider certain deductions. If you're a sole trader tax in Australia is really about profit first. The Australian tax system is here to benefit you in places but ultimately you have to prioritise the profit in your business and not try to write off everything!Company tax returns in Australia are a little more complex and that's where we can start to look at different options but in Australia the tax system can work against you when you work against it.Understanding tax in Australia is about understanding tax deductions, understanding where you sit as a small business and understanding taxes for small business, so let me walk you through your number 1 focus here in this video.Connect with me on LinkedIn https://www.linkedin.com/in/justin-hogg-right-source/

This week is a very special episode - a recording of a recent panel discussion we hosted to celebrate the 40th anniversary of the enactment of Part IVA, Australia's General Anti Avoidance Rule.The panel consisted of Professor Graeme Cooper, ATO Deputy Chief Tax Counsel Peter Walmsley and  Kristen Deards SC from Banco Chambers and was hosted by Greenwoods' partner, Andy Hirst.Want to go deeper?Graeme Cooper's paper on 40 years of Part IVA: here

Have you got a question you'd like to ask Tanya Christie , the Tax Queen?Submit your tax questions via our instagram, or email. Please note that all information shared will be general in nature and will not constitute as financial advice.Have you got a question or an idea of a topic for us to cover? Get in touch via our instagram @getwemoney . We love hearing from you!If you enjoy the show, we'd love if you could write a review on Apple podcasts to help other people just like you find us and get better with their finances.If all this money chat has inspired you to take care of your finances, then Download the WeMoney app. It's free! Use the referral code 'PODCAST' when you sign up to receive $5 when you connect a valid financial accountDisclaimerWe Talk Cents is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This podcast should not be considered to constitute financial advice. Accordingly, reliance should not be placed on the podcast as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.Need Help?If you are struggling with your finances, call the National Debt Helpline on 1800 007 007 for free financial counselling.

This week partner Zoe Chung, senior associate Louise Van Wyk and Toby Eggleston discuss the latest stamp duty developments, including: the Victorian budget; NSW Property tax proposal; and making sense of the decisions in AWF Prop Co 2 Pty Ltd v Ararat Rural City Council and SPIC Pacific Hydro Pty Ltd v Chief Commissioner of State Revenue (No2)  Want to go deeper?Victorian stamp duty budget NSW Property Tax Greenwoods tax insight on AWF Prop Co 2 Pty Ltd v Ararat Rural City Council

In today's #ConsciousConversations on the Bitstocks Podcast, Michael Hudson (Bitstocks CEO-Founder) sits down with a highly influential figure in the early evolution of Bitcoin, Stefan Matthews, CEO of TAAL. Today Stefan runs a blockchain infrastructure company, TAAL, that supports enterprises, from processing transactions to directing the massive amount of computing power that TAAL controls. However, if you take it back to 2008, Stefan was a key figure in the e-commerce industry who was handed the Bitcoin whitepaper by none other than Dr Craig Wright.  In part 1 of this 2-part episode, Stefan & Michael deep dive into the early days of Bitcoin - revealing Stefan's initial thoughts on the Bitcoin whitepaper, what it was like to know Craig Wright at the beginning of his Bitcoin journey, and how Calvin Ayre was introduced to the Bitcoin world. Stay tuned for exclusive information about Stefan, Craig & the year 2009! Quick Reference: 0:49 - Michael introduces Stefan Matthews & the pair discuss the most recent CoinGeek event 4:42 - Stefan explains his journey in relation to Bitcoin & his early relationship with Dr Craig Wright 15:00 - Stefan's first encounter with the whitepaper 20:25 - Stefan gives the Bitstocks Podcast exclusive, never-before-heard information regarding the year 2009 23:20 - We're now in the year 2015, where Stefan introduces Craig to Calvin 36:52 - Craig's early dispute with the Australian Tax office 43:00 - The beginning of nChain

Ryan Leslie and Toby Eggleston discuss the tax measures announced (or leaked prior to) the 2021 Federal budget handed down on Tuesday night. Apologies for the delay and audio quality!Want to go deeper? Read the Greenwoods Tax Brief

OECD and a common reporting standard for cryptoassets Lessons from 10 years of compulsory zero-rating and land transactions A warning about trustees moving to Australia

In this episode partner Toby Eggleston and consulting Professor Graeme Cooper discuss the recent Federal Court decision in Clough Limited v Commissioner of Taxation [2021] FCA 108. The case considered whether a company was entitled to a deduction for the cost of cancelling employee options in the context of a sale of the shares in the company under a scheme of arrangement. Want to go deeper?Greenwoods Tax Insight: https://www.greenwoods.com.au/insights-source/paying-out-employee-entitlements-a-black-hole-deduction-for-nowDecision: http://www.austlii.edu.au/cgi-bin/sign.cgi/au/cases/cth/FCA/2021/108

Welcome back for 2021! This week partners Toby Eggleston and Cameron Blackwood dissect the Board of Tax's report and suggested changes to CGT rollovers Want to go deeper?Board of Tax report: Greenwoods submission to Board of Tax

To wrap up 2020 we asked Chris Aboud (real estate), Rebecca Lawrence (indirect taxes), Cameron Blackwood (M&A), Tristan Boyd (energy and resources) and Ryan Leslie (infrastructure) for their views on the big issues in 2020 and predictions for 2021.Come for the tax insights, stay for the recommendations! Best wishes to all of our listeners and see you next year!Recommendations:Kahlil Gibran: The Prophet: https://www.penguin.com.au/books/the-prophet-popular-penguins-9780141194677Coronacast with Norman Swan: https://www.abc.net.au/radio/programs/coronacast/William Shakespeare: The Complete Works by William Shakespeare https://www.amazon.com.au/dp/B071JYNGZB/ref=cm_sw_r_tw_dp_x_zK76FbHNX2TYW Professor Jenny Hocking: The Palace Letters https://www.amazon.com.au/dp/1922310247/ref=cm_sw_r_tw_dp_x_IM76FbE6S97HVWayne on ABC iview: https://iview.abc.net.au/show/wayneMaria Konnikova: The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win https://www.amazon.com.au/dp/052552262X/ref=cm_sw_r_tw_dp_x_AO76FbS22JXWXInvest Like the Best: Nick Kokonas: https://investorfieldguide.com/nick-kokonas-know-what-you-are-selling-founders-field-guide-ep-8/Soul on Disney+: https://disneyplus.com/movies/soul/77zlWrb9vRYp?sharesource=iOS

This week transfer pricing partner David Bond joins Toby Eggleston to discuss the impact of the Full Federal Court decision in Commissioner of Taxation v Glencore Investments. They consider the principles that can be discerned from the various judgements and what lessons taxpayers can apply in managing their transfer pricing arrangements.Want to go deeper?Greenwood's Tax Insight: https://www.greenwoods.com.au/insights-source/glencore-transfer-pricing-appeal?rq=glencoreFull Federal Court judgement: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/full/2020/2020fcafc0187

This episode is a recording of a webinar hosted in conjunction with the Corporate Tax Association on the proposed changes to the corporate residency test announced in this year's budget. Joining partner Cameron Blackwood was Lynn Kelly, Acting CEO of the Board of Taxation and Paul Suppree, assistant director at the CTA.Download the slides: click here. Board of Tax report: https://taxboard.gov.au/consultation/corporate-tax-residency-review

This week Toby Eggleston and Professor Richard Vann discuss the OECD's recently released blueprints on Pillars One and Two.Greenwoods briefing note on the blueprints: https://www.greenwoods.com.au/insights-source/beps-20-blueprints-caught-between-two-stoolsIf you are interested in attending our webinar on BEPS 2.0, please contact Greenwoods & Herbert Smith Freehills Events 

Toby Eggleston and Ryan Leslie hit the high notes of the 2020 budget. More details here: https://www.greenwoods.com.au/insights-source/2020/10/6/x6k3ub82ockv5juqox3zhl923czxs1Webinar DetailsThursday, 8 October 20204:00pm - 5:00pmREGISTER HERE: https://us02web.zoom.us/webinar/register/WN_pFfs0BL8Qoe7urarGVZypwNote: registrations close Wednesday, 7 October 2020.

This week Toby Eggleston is joined by special guest, Alan Tsen, Chair of Fintech Australia to dissect the Australian Senate Select Committee's interim report on Financial and Regulatory TechnologyWant to go deeper?Alan's newsletter: https://fintechradar.substack.com/Select committee interim report: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Financial_Technology_and_Regulatory_Technology/FinancialRegulatoryTech/Interim_Report

Today we take a deep dive on JobKeeper rorts and the bosses taking advantage during the pandemic. Common issues include workers being forced to change hours and duties to receive JobKeeper, and workers being pressured into accepting JobKeeper on the employer's terms. Since the scheme began in March the Australian Tax office has received more than 6168 tip offs about JobKeeper payment issues, and the Fair Work Ombudsman has received 726 requests for assistance.   In today's episode we speak to some workers who fall under JobKeeper's provisions and Giri Sivaraman, a Principal lawyer at Maurice Blackburn.   In today's headlines: A quarter of a million more people will lose their jobs by Christmas Man in his 50s one of five new Victorian deaths as $300 hardship payment introduced Twitter confirms private messages accessed in high profile hack of Barack Obama, Bill Gates, Kanye West Bill Gates “doesn't know” where Covid-19 microchip conspiracy theory came from   On today's Briefing we ask: Is your employer allowed to force you into a different role or hours on JobKeeper? What should you do if you're being forced to change hours on JobKeeper? What should you do if you're being forced to change duties on JobKeeper? Are you forced to accept JobKeeper? See omnystudio.com/listener for privacy information.

This week Toby Eggleston, Ryan Leslie and Alistair Haskett get together virtually to analyse tax issues in public M&A arising from an analysis of ATO rulings, legislation and case law in 2019. Download our Australian Public M&A Tax Report here: https://www.greenwoods.com.au/insights-source/2020/5/20/australian-public-mampa-tax-report-2020

This week Associate Directors Liz Lester and Mary Hu join Toby Eggleston to discuss year end tax issues for corporates and investment trusts in a year unlike any other. For more details on the COVID-19 measures and impacts discussed please check the resources at our hub: https://www.greenwoods.com.au/covid-hub

In this episode we covering the Australian Tax system at a very high level and the various structures that may be available. Our special guest Kim Reynolds is a director at Vincents within the Taxation Advisory division, and during this episode we discuss; the basics of how our Australian Tax system works, how tax is applied to each of us as individuals, and explain when and why we may use particular structures such as Trusts and Companies. Join our hosts Brett Griffiths, Superannuation Director, and Jarred Brooks, Financial Advisory Director, each month as they help you gain insight and take control of your wealth creation journey. Connect with Brett on LinkedIn: https://www.linkedin.com/in/brettgriffiths/ Connect with Jarred on LinkedIn: https://www.linkedin.com/in/jarredbrooks/ Reach out to us at makingcentsofitall@vincents.com.au or on LinkedIn with any questions, feedback or topic requests. The information contained in this podcast should not be interpreted as advice. It is general in nature and does not take into account your individual financial situation or needs and should not be relied upon. Before making any investment, insurance, tax, property or financial decision we recommend you consult with a licensed professional adviser to consider your unique circumstances. Guests appearing on this podcast may have a commercial relationship with the companies mentioned.

This week Michael Anderson, Mary Hu and Toby Eggleston discuss recent cases focussed on the distinction between deductible and non-deductible expenditure. The cases analysed are Origin Energy Limited v FCT (No 2) [2020] FCA 409, FCT v Sharpcan Pty Ltd [2019] HCA 36 and Healius Ltd v FCT [2019] FCA 2011.Further reading:https://www.greenwoods.com.au/insights-source/2019/12/16/high-court-rules-on-the-treatment-of-statutory-licences?rq=Sharpcanhttps://www.greenwoods.com.au/insights-source/2019/09/16/property-in-practice-2019-gst-current-issues-stlbg-94haa

This is a recording of a webinar we recently hosted on the legal and tax issues on capital raisings in the current environment. Speakers are Richard Hendriks, Karen Vuong and Toby Eggleston of Greenwoods & Herbert Smith Freehills and Phil Hart, a partner in the equity capital markets group at Herbert Smith Freehills.Want to go deeper?If you would like a copy of the slides please email: Events.syd@greenwoods.com.au PIPE equity issuances raise critical tax considerations: https://www.greenwoods.com.au/insights-source/2020/4/2/pipe-equity-issuances-raise-critical-tax-considerationsCOVID-19: Employee equity compensation: https://www.greenwoods.com.au/insights-source/2020/4/15/covid-19-employee-equity-compensation

This week Partner David Bond and Associate Kristy-Lee Smith from our Perth office join Toby Eggleston to discuss all things transfer pricing in the current environment.For more details you can read our Tax Insight on this issue here: https://www.greenwoods.com.au/insights-source/2020/5/14/transferpricingandcovid

Partners Toby Eggleston and Daniel Sydes discuss the latest amendments to the JobKeeper package dealing with group service entities and the ATO's stance on artificial schemes to access the JobKeeper package.Greenwoods tax insight: https://www.greenwoods.com.au/insights-source/2020/5/5/amendementstojobkeeperJobKeeper Navigation App: https://hsf.neotalogic.com/a/jobkeeper7qogqc9p67f5Amending Legislation: https://www.legislation.gov.au/Details/F2020L00546/Html/TextExplanatory Statement: https://www.legislation.gov.au/Details/F2020L00546/Explanatory%20Statement/TextATO Practical Compliance Guide PCG 2020/4: https://www.ato.gov.au/law/view/document?docid=COG/PCG20204/NAT/ATO/00001

Daniel Sydes and Rebecca Lawrence provide an update on the JobKeeper package following announcements by the ATO and the Australian Treasurer.Greenwoods tax insight on group entity annoucement: https://www.greenwoods.com.au/insights-source/2020/4/29/jobkeeper-developments-for-group-employer-entitiesGreenwoods tax insight on alternative tests for decline in turnover test: https://www.greenwoods.com.au/insights-source/2020/4/24/tweaking-eligibility-for-jobkeeper-paymentGreenwoods JobKeeper Navigator App: https://hsf.neotalogic.com/a/jobkeeper7qogqc9p67f5

In this episode Toby Eggleston, Daniel Sydes and Rebecca Lawrence discuss the issues relating to the JobKeeper payment program. Visit our COVID-19 hub to stay up to date on key tax changes. Links:Greenwoods JobKeeper briefing paper: https://www.greenwoods.com.au/insights-source/2020/4/14/covid-19-jobkeeper-payment-a-clearer-picture-emergesGreenwoods COVID-19 hub: https://www.greenwoods.com.au/covid-hubBill and Explanatory Statement: https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6533ATO JobKeeper site: https://www.ato.gov.au/General/JobKeeper-Payment/

In this inaugural episode Toby Eggleston, Kristy-Lee Smith and Andrew Howe discuss the response by the Federal and State Governments' and Australian Tax Office to the impact of the COVID-19 economic fallout. We also delve into second order issues for corporate and institutional taxpayers to think about if the economic position worsens. Visit our COVID-19 hub to stay up to date on key tax changes.  Relevant links: Greenwoods COVID-19 hub: https://www.greenwoods.com.au/covid-hub

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 v Australian tax for individuals - how is US tax different from Australian tax and vice versa? Here is Seth Hertz with some insights.

My guest today is Ryu Noai, the owner of the Australian tax firm Impala Accountants. Ryu is a seasoned traveller who uses his international experience to help small businesses navigate the pitfalls of international taxes. He tells me about his adventures abroad and how his education allowed him some unique opportunities. Ryu answers some common questions that many Australians have and he addresses some international tax issues. We also discuss the common problems people create for themselves during tax season.

There's plenty of talk on radio, but with 20twenty you'll find Life, Culture & Current events from a Biblical perspective. Interviews, stories and insight you definately won't hear in the mainstream media. This feed contains selected content from 20twenty, heard every weekday morning. See www.vision.org.au for more details Help Vision to keep 'Connecting Faith to Life': https://vision.org.au/donate See omnystudio.com/listener for privacy information.

Continuing on with our revised format of discussing the latest developments in the Australian Tax and Accounting system, Tyler this week discusses: The latest efforts to maintain integrity and honesty amongst tax agents, and what can cause a tax agent to lose their registration. A taxpayer who was successful in arguing that their contractors were in fact just that, and not employees. Why the fuss? Superannuation Guarantee contributions liabilities if nothing else. If you would like to know if you, or those you use are contractors or employees click here. Qantas unsuccessful in their appeal against the Commissioner regarding the provision of parking benefits to employees. How might this Fringe Benefit impact other industries?

Grand Theft Auto V makes it through the Australian classification board with an R18+ rating; the Australian government releases 10 recommendations from the Australian Tax inquiry; we look as some of the new TV shows coming in the next few months: Axe Cop, Agents of S.H.I.E.L.D, Almost Human and Intelligence; and The Wolverine hits Australian cinemas. Meanwhile, Jelly claims that he’s the heart throb of Jelly and Bean and Bean claims the brains and the sense of humour. Also, the boys discuss Hugh Jackman’s shirtless body. OH MY.

Part 2 Interview with Mr. Kenedy Weldemariam - Mr. Kenedy speaks on Australian Tax systems, he also gives advices on how to buy property and start small and medium businesses in Australia.

Prof Myles McGregor-Lowndes speaks about the recently announced Treasury consultation paper on a new national regulator for the not-for-profit sector. Bob Wyatt will provide a summary of his thoughts and recommendations for the Canadian voluntary sector and chats about his ideas on how a nonprofit umbrella (or peak) organisation should operate.

Transcript and information regarding episode 46 of the Australian Centre for Philanthropy and Non Profit Studies.

Prof Myles McGregor-Lowndes speaks about the recently announced Treasury consultation paper on a new national regulator for the not-for-profit sector. Bob Wyatt will provide a summary of his thoughts and recommendations for the Canadian voluntary sector and chats about his ideas on how a nonprofit umbrella (or peak) organisation should operate.