News in brief…24 April 2024

ATO advice and guidance; Federal Government consults on Help to Buy program directions; PBO publishes costing on negative gearing, capital gains tax policy reform options; ASIC takes no-action position on reporting obligations of special purpose financing subsidiaries

ATO advice and guidance The Australian Taxation Office (ATO) released its latest advice and guidance on 24 April, which includes a law administration practice statement update, a class ruling, three addenda, and 13 withdrawals. Law administration practice statement update PS LA 2012/1 Engaging Tax Counsel Network on tax technical issues We have updated this practice statement (formerly titled: Engagement of Tax Counsel Network on high risk issues), updating terminology, practices, and r...

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Published Date: 24 April 2024