Author(s): Jocelyne BOUJOS, Daniel VELTHUIS These are seven case studies on anti-avoidance : 1 Prepayment : How will the changes to the 13 Month Rule operate: s82KZMD - Business Expenditure (except by a small business taxpayer)?; 2 Prepayment : How do the Transitional Provisions [s82 KZMB and s82 KZMC] operate?; 3 Prepayment : How will the changes to the 13 Month Rule affect Growers in an afforestation/wine/olive etc project?; 4 Non Commercial Loans : Section 12 Loan from member to entity; 5 Non Commercial Loans: Section 12 Loan from closely held entity to (associate of) member; 6 Carry Forward Losses - Companies; 7 Unrealised Capital Losses
Corporate and small business reforms: case studies
Author(s): Wally BOROVAC, Janine LANIGAN This paper is a set of studies and solutions to Workshops on Corporate and small business reforms : Workshop No 1 Franking account and Corporate tax rate changes; Workshop No 2 Capital Allowances; Workshop No 3 Simplified Tax System Small Businesses.
Author(s): Richard NORTON This paper deals with the "anti-avoidance" measures arising from the Ralph Report on Business Taxation in July 1999 and the Government's response as announced on 21 September 1999.
Author(s): Geoff PETERSSON On 21 September 1999 the Government's announced response to the Ralph Report (Review of Business Taxation - A Tax System Redesigned, July 1999). The package contained a number of surprises for individual investors, small business and business generally. Perhaps the biggest surprise is the 50% concession for individuals together with the extension of the 50% goodwill exemption to all active assets.