Published on 01 Jul 14
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
This article aims to provide a practical understanding of how Pt IVA would have application to an arrangement, and a path to explain Pt IVA to would-be adversaries as well as clients. The article sets out to clarify that, despite a taxpayer’s subjective purpose, purpose as referenced in Pt IVA is unrelated and does not take into consideration the client’s subjective purposes or any other. For advisers, there needs to be an alignment between the two so that the adviser can comfortably address Pt IVA when advising clients.
John Ioannou, CTA was admitted as a Solicitor in 2002 and is a Principal Lawyer at Macpherson Kelley. He has experience in the areas of taxation, structuring, commercial transactions, disputes, trusts and estates, succession and asset protection planning. John has a Bachelor of Arts, Bachelor of Laws and a Master of Law. He is Chair of the Tax Institute’s Queensland’s State Council in addition to being a State Councillor.
- Current at
04 November 2020