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Government Releases Cooper Review into Superannuation

The Government welcomes the final report of the review into the governance, efficiency, structure and operation of Australia's Superannuation System (the Cooper Review). In May 2009 the Government commissioned the Cooper Review to provide it with recommendations on how to make superannuation simpler, safer and more efficient. "Australia's superannuation system has performed well over the [...]

The New Business Tax System

The New Business Tax System The New Business Tax System (Debt and Equity) Act 2001 determines what is equity in a company and what is debt in an entity for tax purposes with effect from 1 July 2001.The debt and equity rules aim to improve certainty in the tax law by establishing tests that provide […]