Corrs tax newsletter: June edition

25 June 2012

Welcome to the first edition of the Corrs Tax newsletter, in this edition we discuss:

  • Corporate Tax Rate - We consider the Government’s decision to scrap the proposed cut to the corporate tax rate.
  • Part IVA - We look at the ATO’s scorecard on Part IVA over the past couple of years in light of the Government’s announcement that it will amend Part IVA with effect from 1 March 2012.
  • Landholder duty - We discuss the differences between land rich and land holder duty regimes and consider some of the significant changes outlined in the Victorian Duties Amendment (Landholder) Bill 2012.

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The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.

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Simon Mifsud

Senior Associate. Sydney
+61 2 9210 6197