Comprehensive Monthly Tax Update - May 2025

Catch up with our comprehensive monthly tax update with ATO activity, cases, edited binding rulings, specialist deep dives & more.

In this session, we cover:

• Quick Updates

  • Quick updates

  • ATO corner

• Case Updates

  • Merchant – Dividend stripping and Part IVA

  • Charles Apartments – Deductibility of interest deductions

• Private Rulings

  • PBR – Payments to overseas contractors

• Specialist Deep Dive – Taxpayers in trouble

  • Kirtlan – Residency and fraud or evasion

  • Evans – Input tax credits & related administrative penalties

  • VBNX – Serious hardship and Commissioner’s discretion

• Specialist Deep Dive – CGT

  • Morton – Capital vs Revenue

  • PBR - CGT Look through to asset

  • PBR - Tax treatment of settlement adjustment amount

Date recorded: 21 May 2025