Tax Pactitioners Board Labour hire Tax Practitioners Board Labour hire On 8 January 2016, the Tax Practitioners Board issued its final information sheet on Labour hire/on-hire firms after considering industry comments and submissions. Generally, the TPB considers that where a labour hire/on-hire firm is merely sourcing a candidate for a client and the client is fully responsible […]
Early ATO warning – franked distributions funded by capital raisings
Early ATO warning – franked distributions funded by capital raisings The ATO is considering its position on the recent transactions of some public companies involving franked distributions (by way of special dividends or otherwise) which are funded by equity raisings. We have some concerns about these types of arrangements and a taxpayer alert will be […]
