2013 Miscellaneous

Increased tax risks for directors

Source: New South Wales

Published Date: 16 May 2013

 

Changes to the director penalty legislation became effective in June 2012 to increase the potential liability of directors. The legislation was already broad before the changes, and few directors know the extent of their exposure.

This presentation covers:

  • the phoenix penalties – how far does it spread?
  • changes in 2012 – new traps
  • impact on the superannuation guarantee charge
  • what do you need to tell your client?
  • recent cases
  • transitional provisions.

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Individual Session

Increased tax risks for directors

Author(s): Bradley Tonks

Details

  • Published By: Bradley Tonks
  • Published On:16 May 2013
  • Took place at:Hilton, Sydney

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Tags

2013 Miscellaneous Income tax Bankruptcy

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