Can a fit-out be “improvements” for s.CB 11 purposes? A draft QWBA has been released by IR (PUB00286) to discuss the question of whether the fit-out of an existing building can be deemed an “improvement” to land for the purposes of s.CB 11 of the ITA07 and therefore create potential tax consequences for the land […]
Australian Limited Partnerships – FTC’s It is hard to believe five years have now passed since the release of the original public rulings dealing with the issue of NZ resident partners (“NZP”) of Australian Limited Partnerships (“ALP’s”), and the ability to claim a foreign tax credit (“FTC”) for income tax or dividend withholding tax (“DWT”) […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Rodrigo Tancredi of Spot Contabil. Rodrigo has joined IR as our exclusive exclusive Tax (Accountants) Member in Brazil. “Spot Contabil is a firm that provides accounting, consulting, outsourcing and forensic accounting services to national and international businesses. Established in 2011, one […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Stefanus Kurniadi of SSJK Consulting. Kyle has joined IR as our exclusive Tax (Accountants) and Tax (Law) Member in Indonesia. Stefanus has over 16 years experience in tax, specializing in tax compliances, tax diagnostic review, tax dispute resolution, transfer pricing and […]
GST CZR Interpretation Statement Finalised Having considered public submissions on the issue since the release of PUB00255 back in May 2017, IR has now released IS 17/08: “GST — compulsory zero-rating of land rules (general application)”. IS 17/08 is intended to simply assist vendors and purchasers in getting the GST position correct before any transaction […]
Mortgagee Sales & GST IR has released operational statement 17/01 (“OS 17/01), which sets out the Commissioner’s position with respect to the entitlement of registered persons to make GST input tax deduction claims, in relation to costs of sale incurred in association with mortgage sales. OS 17/01 applies from 6th September 2017 and is a […]
Using Electronic Signatures on IR Documents IR has issued a Standard to provide guidance with respect to accepting electronic signatures on documents and information provided to it. The Standard provides that an electronic signature will be accepted wherever a conventional signature would usually suffice, as long as the option to use an electronic signature is […]
Ushering an era of transparency has been one of the key agendas of the government. Post demonetisation, one of the key challenges before the government was eradicating all possible avenues for generation of black money, particularly through corporate structures. Until 2017, in absence of any valuation rules for transfer of unlisted shares, transfer of shareholding […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Georgi Marinov of NOVACON. Georgi has joined IR as our exclusive Tax (Accountants) Member in Bulgaria. NOVACON is a leading and well-reputed payroll & accounting consulting company located in Sofia, Bulgaria. In NOVACON we provide high-quality professional payroll, accounting and tax services […]
Two of Dorset’s leading professional firms have announced their significant involvement in the recent acquisition of Bournemouth’s iSupply Energy by Swedish giant, Vattenfall. South coast accountancy firm, Inspire, and Trethowans Solicitors worked hand-in-hand to successfully facilitate the significant and substantial transaction, which saw a Bournemouth based entrepreneurial business procured by a Swedish state-owned energy company. […]
Way back in 90s, globalisation and opening-up of the economy changed the manner in which the businesses were conducted. With passage of time, businesses environment became more uncertain and thus dynamic. Multinational Corporations (‘MNCs’) devised strategies to efficiencies in their tax bill as well. However, loss of revenue led to the convergence of the governments […]
Todd is principal with Skinner + Company a widely recognised accounting firm. A CPA, he has practised in Phoenix for more than 25 years working with clients in Arizona, throughout the US and many other countries in a variety of industries that include real estate, healthcare, and manufacturing. Todd oversees tax planning and compliance for […]
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