Published on 19 Feb 14
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This presentation covers:
- trust taxation reforms
- collecting taxes in respect of taxable income of trusts:
- why tax certainty is important
- when is a trustee liable to pay taxes?
- Division 6
- Division 6C
- Division 6 issues which undermine collection:
- who pays - beneficiary or trustee and which trustee?
- Division 6C issues - collection and administration policy rationale?:
- eligible investment business definition
- what is control of a trading business?
- what are similar financial instruments.
Karen was appointed Inspector-General of Taxation & Taxation Ombudsman commencing on 6 May 2019. She leads the Taxation Ombudsman complaints management service for taxpayers and advisers and the Inspector-General of Taxation’s review and public reporting function, both of which are directed at improving the tax administration system for all taxpayers. Karen was previously a Member of the Board of Taxation as well as the inaugural Chief Executive Officer of the Board of Taxation. She was formerly a partner with MinterEllison, specialising in corporate and international tax for mergers and acquisitions, and capital raising for the financial services, mining, energy, and utilities sectors. She brings a wealth of experience and extensive networks to the role of Inspector-General having worked with a range of government and private stakeholders as well as the legal and tax profession, and many industry bodies.
- Current at
23 February 2020