Posts

Are Foreign Tax Grabs a Possibility?

Posted by: Dwyer Lawyers // Post Date: February 22, 2016
Categories: Online News, Uncategorized

Historically, the Courts have not enforced the revenue laws of foreign jurisdictions. The rule of law, upheld in Government of India v Taylor [1955] AC 491, was that no country enforces another country’s taxes. However, there have been a number … Read More

Choosing a Business Structure

Posted by: Dwyer Lawyers // Post Date: February 22, 2016
Categories: Online News, Uncategorized

There are 4 main types of business structures for doing business in Australia, each with their own advantages and disadvantages. A person can carry on business as a sole trader, or in partnership, or through a trust or company or … Read More

Making Your Will Count – Healthy Will Checklist

Posted by: Dwyer Lawyers // Post Date: February 22, 2016
Categories: Online News, Uncategorized

It is important for everyone over 18 to have a Will to make sure their wishes are followed and their assets are distributed as they would want after they die. If you don’t have a Will your assets will be … Read More

The War on Taxpayer Privacy

Posted by: terrydwyer // Post Date: March 31, 2015
Categories: FATCA, International Tax Planning

Privacy is usually – and ought to be able to be – taken for granted.  But Western governments, unfazed by revelations of mass spying on emails and private phone calls post WikiLeaks and Mr Snowden, are now joining hands to collect financial … Read More

GST is no answer

Posted by: terrydwyer // Post Date: January 8, 2015
Categories: Uncategorized

Posted January 2015 on Accountants Daily in reply to Institute of Public Accountants call for GST “reform” http://www.accountantsdaily.com.au/breaking-news/7904-ipa-say-tax-mix-must-change?utm_source=Accountants+Daily&utm_campaign=Accountants_Daily_Newsletter31_12_2014&utm_medium=email Well, a 40%-50% GST would bring both its advantages and disadvantages to the fore. Yes, you could dump income tax but you … Read More

Dividend Imputation under threat from Treasury?

Posted by: terrydwyer // Post Date: January 3, 2015
Categories: Uncategorized

Posted on SMSF Adviser January 2015 in response to Taxpayers Australia “The tax agenda for SMSFs in 2015”   Friday 2 January 2015 www.smsfadviseronline.com.au/columns/item/290-the-tax-agenda-for-smsfs-in-2015 Dr Terry Dwyer, Dwyer Lawyers 2015-01-02 12:24 It would be amazing if Taxpayers Australia were to … Read More

Superannuation taxation should not be an exercise in social envy

Posted by: terrydwyer // Post Date: September 24, 2014
Categories: Economics and Law, Tax Planning

2013-04-16 Dwyer to AFR re superannuation taxation SUPERANNUATION TAXATION If governments were serious about making sure superannuation did its job of providing retirement income, rather than seeking to punish it by taxation, they would be making sure it was paid … Read More

GST refunds – over-paid GST should be refunded by ATO

Posted by: terrydwyer // Post Date: September 24, 2014
Categories: Tax Planning

2014-02-28 Submission re refunds over-paid GST http://www.treasury.gov.au/~/media/Treasury/Consultations%20and%20Reviews/Consultations/2014/Refunding%20excess%20GST/Submissions/PDF/Dwyer_Lawyers.ashx 28 February 2014 Senator the Hon Arthur Sinodinos AO Assistant Treasurer Parliament House CANBERRA ACT 2600   Dear Senator Sinodinos PROPOSED LEGISLATION TO STOP OTHERWISE OWED GST REFUNDS   I write regarding the … Read More

Global tax data exchange has dangers

Posted by: terrydwyer // Post Date: September 18, 2014
Categories: FATCA, International Tax Planning

  Australian Financial Review Wednesday 17 September 2014 While the Prime Minister is sending 600 soldiers to Iraq to defend “our security”, the government is preparing to send en masse the financial asset account details of every Australian expatriate to … Read More

Abolish preservation age

Posted by: terrydwyer // Post Date: September 11, 2014
Categories: Uncategorized

Article from SMSF Adviser 5 June 2014 Abolish preservation age, says lawyer www.smsfadviseronline.com.au/news/12306-abolish-preservation-age-says-lawyer Written by Elyse Perrau and Katarina Taurian Thursday, 05 June 2014   Following hints from Treasurer Joe Hockey that the preservation age may increase before the next … Read More