Noun Latin;
vectīgal
(genitive vectīgālis)
tax, tribute, revenue duty or toll)
(figurative) windfall, profit

Blog

Pending ATO Guidance on Section 100A and Division 7A

By Paul Goldin on Monday, May 24th, 2021 in 2021.

The rumour mill is running rampant that the Commissioner of Taxation (Commissioner) is due to release long-awaited guidance materials regarding section 100A of the Income Tax Assessment Act 1936 (S100A). Section 100A S100A is designed to target certain tax avoidance arrangements where: A beneficiary who is not under a legal disability is presently entitled to  … Read more


Integrity

By Paul Goldin on Thursday, March 29th, 2018 in 2018-19.

“Lawyers have a paramount duty to the court and the administration of justice. It involves a duty to the community by way of a lawyer’s high ethical standards and duty to uphold the law. It goes further; there is a duty not only to obey the law but to ensure the efficient and proper administration  … Read more


Does your Australian company or trust require FIRB approval

By Paul Goldin on Thursday, March 22nd, 2018 in 2018-19.

AUSTRALIA’S FOREIGN INVESTMENT RULES – PROPERTY ACQUISITIONS IN COMPANIES AND TRUSTS SUMMARY Acquisitions of real property in Australian companies and trusts, may, in some cases, be breaching Australia’s foreign investment rules. In simple terms, the Australian foreign investment rules pertaining to property acquisitions are different from ordinary legal concepts and Australian income tax legislation. For  … Read more


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