Tax Bites are regular, short communications containing a snapshot of various common tax issues of interest to professional advisers. Here are some of our previous Tax Bites. Should you wish to subscribe to receive Tax Bites via e-mail, please click on the "Subscribe to Tax Bites" button to the right.
25th September 2020
On 13 January 2020 I wrote a Tax Bite about a Federal Court case that clarified the active asset definition for real property used in a business. At the time, I wrote that I disagreed wit... read more
29th January 2020
Miley’s case was originally heard by the AAT, then the Federal Court, then back to the AAT. It involved the sale by a taxpayer of a 1/3rd interest in a company as part of a package where... read more
13th January 2020
Real property can be an active asset where it is used, or held ready for use, in the course of carrying on a business that is carried on by the taxpayer, the taxpayer’s affiliate, or another e... read more
20th December 2019
The Board of Taxation undertook a review of Small Business tax concessions. It issued a report to the Treasurer in March 2019. That report has now been released to the public.
... read more