Essentials Monthly Tax Update - July 2024

Stay informed with essential tax updates - legislation, significant cases, ATO docs & more. Perfect for juniors or if you are looking for a refresher!

In this session, we cover:

• Quick Updates

  • Capital Improvements threshold

  • New reporting obligations for tax professionals

• Case Updates

  • Kilgour – Market value substitution

  • BQKD - FBT and benefits from family trust

  • Quy – Individual tax residency

• CGT

  • PBR – CGT and restraint of trade

  • PBR – CGT and timing of CGT event A1

• GST

  • PBR – Input taxed supply

  • Ecosse – Creditable acquisition

• Dividend Stripping

  • Merchant

  • MJH Trading Trust

Date recorded: 24 July 2024