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Q&A: Proposed bankruptcy amendments target asset protection arrangements

Published on 01 Jul 04 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The Attorney-General, Phillip Ruddock, has recently announced significant amendments to the Bankruptcy Act 1966 (Cth) aimed at preventing high income earners using bankruptcy as a way of avoiding their taxation and other financial obligations.

Author profiles:

Lachlan HUGHES
Lachlan is a Senior Associate with Hall & Wilcox Lawyers.
Current at July 2004

 
Gerard MAGNER
Gerard is a Partner with Hall & Wilcox Lawyers.
Current at July 2004
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