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12
Nov

ESV Insights from the 2018 Annual Australian Property Funds Industry Forum

Recently, ESV Partners Chris Kirkwood, Geoff Tierney and Tim Valtwies attended Annual Australian Property Funds Industry Forum which was held by Core Property Research in Noosa. This forum is one of the longest running annual events in the Australian property industry, providing expert speakers and great insights into many of...

24
Oct

Proposed Division 7A Amendments

The long-awaited Division 7A amendments have been released as a consultation paper with submissions closing on 21 November 2018.  The proposals in the consultation paper do not exclusively follow the Board of Taxation review proposals and there still appears to be inconsistency around Unpaid Present Entitlements which appears to go...

10
Oct

Trading Names – New Requirements

Trading names will cease to be displayed on the Australian Business Register from 1 November 2018. ASIC registration will be required to keep these displayed thereafter.

10
Oct

Central Management and Control of Foreign Corporates

The Australian Taxation Office (“ATO”) recently issued final ruling TR 2018/5 setting out the Commissioners position on how to apply the central management and control tests when determining the tax residency of a foreign company.

10
Oct

To sell or what to sell? – That is the question

With the food business continuing to grow and high multiples being paid, especially by private equity, it is vital that these sale transactions are structured properly and project managed correctly by advisors from the start .

10
Oct

Accounting considerations of electing into AMIT

There has been considerable coverage of the Investment Trust sector concerning the Attribution Managed Investment Trust (AMIT) Tax rules enacted in May 2016. However, this focus has predominately been on the tax consequences, tending to overlooking the accounting and reporting implications of transitioning to an AMIT.