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Questions & Answers: Division 7A Amnesty: “time is running out”


Time is running out for taxpayers who have breached Div 7A of Part III of the Income Tax Assessment Act 1936 (Cth) (Div 7A) to take advantage of the Commissioner’s one-off opportunity to self correct prior to 1 July 2008.

Author profiles:

Matthew Allan ATI
Matthew is a Senior Associate in Kelly & Co's Corporate and Commercial division and, in addition to undertaking general commercial work, practices in the areas of Superannuation and Taxation. Current at 01 August 2010 Click here to expand/collapse more articles by Matthew ALLAN.
Kieren Moore
Kieren Moore is a Senior Associate with Donaldson Walsh Lawyers and is currently undertaking a Masters of Tax Law. Kieren specialises in all aspects of Taxation Law including income tax, capital gains tax, stamp duties and indirect taxes and also provides advice on a comprehensive range of corporate and commercial issues. Current at 26 February 2010 Click here to expand/collapse more articles by Kieren MOORE.

Garry Winter CTA
Garry heads Kelly & Co's Tax Law Group within its Corporate and Commercial Section. He advises in all areas of State and Federal tax law including international taxation arrangements, employee share schemes, superannuation, CGT, GST, taxation disputes, corporate and business structuring and restructuring, stamp duty and other indirect taxes. Garry is a member of the Taxation Institute's SA Technical Committee and the Law Council of Australia’s Taxation Committee. Current at 01 June 2008 Click here to expand/collapse more articles by Garry WINTER.
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