Australia

Friday 12 December 2014 

(1) New appointments to the Board of Taxation
(2) PAYG Withholding Instrument registered
(3) New appointments to the Federal Judiciary
(4) Appointments to the AAT announced
(5) ATO website update
(6) ATO Interpretative Decisions released 12 December 2014
(7) ATO Decision Impact Statement - Akers and Ors v Commissioner of Taxation
(8) ATO Rulings and LAPS issuing 17 December 2014
(9) IPA releases Australian taxation report
(10) Industry pounce on KAFTA opportunities

(1) New appointments to the Board of Taxation

On 12 December 2014, the Acting Assistant Treasurer, Mathias Cormann, announced four new appointments to the Board of Taxation (BoT).


(2) PAYG Withholding Instrument registered

The Taxation Administration Act 1953 - Pay as you go withholding - Tax table for additional amounts to withhold as a result of an agreement to increase withholding was registered on 10 December 2014.


(3) New appointments to the Federal Judiciary

On 11 December 2014, the Attorney-General, George Brandis, announced the appointment of Justice James Edelman as a judge of the Federal Court of Australia.


(4) Appointments to the AAT announced

The Attorney-General, George Brandis, announced two new appointments and five re-appointments to the Administrative Appeals Tribunal (AAT).

    (5) ATO website update

  • GST - avoiding common errors


(6) ATO Interpretative Decisions released 12 December 2014

On 12 December 2014, the Australian Taxation Office (ATO) released four interpretative decision and withdrew four others.


(7) ATO Decision Impact Statement - Akers and Ors v Commissioner of Taxation

The Australian Taxation Office (ATO) issued a Decision Impact Statement (DIS) in response to the decision of the Full Federal Court of Australia (FCAFC) in Akers, Stephen John (Saad Investments Company Limited) and Ors v Commissioner of Taxation [2014] FCAFC 57.


(8) ATO Rulings and LAPS issuing 17 December 2014

On 17 December 2014, the Australian Taxation Office (ATO) will release 2 Goods and Services Tax Rulings, 2 Taxation Rulings, 7 Taxation Determinations, 1 Draft Taxation Determination, 6 Class Rulings, 4 Addenda, 1 Withdrawal and 3 Final Law Administration Practice Statements.


(9) IPA releases Australian taxation report

The Institute of Public Affairs (IPA) Senior Research Fellow, Dr. Mikayla Novak released a report entitled The Australia 'low taxing country' myth.


(10) Industry pounce on KAFTA opportunities

Senior leaders from various industry groups jointly welcomed the enactment (in force as at 12 December 2014) of the Korea-Australia Free Trade Agreement (KAFTA).

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