Your shopping cart is empty
Search Journal Articles
Written by practitioners for practitioners Taxation in Australia® is continually ranked as Australia's leading tax journal.
With a readership exceeding 35,000, Taxation in Australia is published 11 times per year and available exclusively to members in hard copy and digital format, and now as an app on the Apple iPad and on Android tablets. This comprehensive publication features articles with a strong, practical approach to the latest tax issues and professional development. It is affectionately known as the Blue Journal.
Members, you can access the digital edition here.
Coming soon - our revamped and retooled iPad and Android App
Our existing App has been disabled for the moment while we build in some exciting new features. Watch this space for more information in coming months. In the meantime, you can access the digital edition on your smartphone or tablet here.
Going paperless?
If you're happy using the digital edition of Taxation in Australia or accessing the articles on this page below, you can opt out of having your print copy of this journal delivered each month.
Two ways to opt out:
- Either opt out instantly via this website. Make sure you are logged in, select Update my details on the right hand side of home page and then click edit on the Other Information section of your profile. Simply tick Do Not Send Blue Journal in this section.
- Or email us. Email to membership@taxinstitute.com.au, Subject: Please unsubscribe me from the print edition of Taxation in Australia.
Articles from the current issue:
-
Our business alliance partners: More than a decade of benefits for members
file_download Free to Download 01 Jun 2017The Tax Institute’s partnership with HSBC is now in its 11th year and continues to provide tangible benefits to our members.
-
Alternative assets insights: The future of stapled structures
shopping_cart Add to cart 01 Jun 2017As the government reviews its policy on stapled structures, Australia’s investment landscape is clouded by uncertainty. The government must now deliver timely, yet considered, legislative action.
-
Mid market focus: CGT concessions when selling business premises
shopping_cart Add to cart 01 Jun 2017Special rules allow the small business CGT concessions to be used for a sale of business premises, typically by a related individual or a family trust.
-
Tax tips: What is land “used for”?
shopping_cart Add to cart 01 Jun 2017A recent decision of the NSW Court of Appeal considered what was meant by “the dominant use of” land.
-
Obituary: Vale Tom Magney
file_download Free to Download 01 Jun 2017The Tax Institute mourns the loss of one of its life members, Thomas Weymouth Magney, who passed away in Sydney on 10 April 2017, at the age of 86.
-
The duty of trustees to invest
shopping_cart Add to cart 01 Jun 2017In recent times, there has been an explosion in testamentary trusts. Due to the significant income tax and capital gains tax advantages, it is common for a will to create trusts over property on death, rather than having a disposition to the beneficiaries. At the heart of trusts is the duty of trustees to invest. Trustees are armed with power and may invest at their discretion but must act in the best interests of their beneficiaries. They must act impartially and exercise the care, diligence and skill that a prudent person would exercise when investing for others. Trustees must also take into account the factors set out in the Trustee Act while acting. As such, the obligation on trustees to invest is one of the most difficult tasks for trustees to perform. This article sets out the basic components of the duty of trustees to invest.
-
Recent state taxes changes affecting foreign investors in land
shopping_cart Add to cart 01 Jun 2017The increases across Australian states in stamp duty and land tax have meant that foreign purchasers of land will now be subject to a surcharge. The changes make it more complex for foreign investors but are intended to improve housing affordability for Australians. The measures were kick-started by the Victorian Government, based on recent data findings suggesting that between 10 and 20% of new properties are bought by foreign buyers, putting pressure on supply and keeping many Victorian families out of the market. In subsequent years, other jurisdictions have also followed suit to impose a surcharge on foreign purchasers. It is important to note that the rules in each state vary and investors will need to be aware of these differences when responding to the changes. This article provides an overview of the changes in each jurisdiction and addresses the different rates, rules, commencement dates and definitions of who is “foreign” and what land is affected.
-
Taxing issues: May – What happened in tax?
shopping_cart Add to cart 01 Jun 2017The following points highlight important federal tax developments that have occurred during May 2017.
-
President's report: Reflections on the valuable work of our tax policy team
file_download Free to Download 01 Jun 2017This year’s Budget lock-up process has revealed the strengths and talents of the Institute’s tax policy and advocacy professionals.
-
Superannuation: Understanding ECPI in view of super reforms
shopping_cart Add to cart 01 Jun 2017The pension exemption provisions are complex and should be simplified, particularly due to intersections with the CGT relief provisions.
-
A matter of trusts: What is a “unit trust”?
shopping_cart Add to cart 01 Jun 2017The High Court has recently provided clarification on the concept of “unit trust”.
-
Successful succession: Bankruptcy – protecting death benefits and insurance
shopping_cart Add to cart 01 Jun 2017Mercies of the Bankruptcy Act 1966 and Life Insurance Act 1995 that should be wider known and utilised.
-
Hypothesising the future after Chevron
shopping_cart Add to cart 01 Jun 2017This article summarises the much-anticipated judgment of Chevron Australia Holdings Pty Ltd v FCT. In a landmark win for the ATO, the Full Federal Court unanimously dismissed Chevron’s appeal, making it one of Australia’s largest tax cases, with global implications for large companies and multinationals. With a tax bill totalling $340m, a special leave application has been filed by Chevron. This case provides the foundation for multinational entities to examine their own internal financing arrangements. However, with the changes to Australia’s transfer pricing rules in 2013, significant changes have been enacted to the way in which the transfer pricing regime is invoked and the operation of the arm’s length principle. The utility of Chevron must be considered in light of these legislative changes.
-
Member profile: Michael Barbour
shopping_cart Add to cart 01 Jun 2017This member profile covers Michael Barbour.
-
CEO's report: Member satisfaction – The Institute’s first priority
file_download Free to Download 01 Jun 2017
-
Senior tax counsel's report: Cross-border related-party financing arrangements
file_download Free to Download 01 Jun 2017The ATO’s draft PCG on cross-border debt is a timely document, particularly given the recent decision in Chevron.
-
Tax cases: The perplexing partnership interest
shopping_cart Add to cart 01 Jun 2017Is a partner’s interest in a partnership which has Victorian real property as a partnership asset a dutiable interest for Victorian Duties Act purposes?
-
Tax education: Learning the core areas of tax
shopping_cart Add to cart 01 Jun 2017We have asked our 2016 CTA2A Advanced Dux award winners to share their learning experience with us.