Australia: Taxpayer wins 100A Case

www.holdingredlich.com/taxpayer-wins-100a-casewww.accountantsdaily.com.au/columns/16547-commissioner-s-anti-avoidance-arguments-found-wantingwww.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2021/2021fca1619www.claytonutz.com/knowledge/2022/february/far-bill-receives-endorsement-to-proceed?utmwww.wolterskluwer.com/en-au/expert-insights/section-100a-the-sleeper-awakeswww.greenwoods.com.au/insights-source/2022/3/17/ato-anti-avoidancewww.kwm.com/au/en/insights/latest-thinking/commissioner-of-taxation-v-guardian-ait-pty-ltd-atf-australian-investment-trust.htmlwww.khq.com.au/legal-blog/year-end-trust-distributions-important-steps/ See also:bit.ly/32TWrG3piperalderman.com.au/insight/ato-clamps-down-on-trust-arrangements-involving-adult-children/www.ato.gov.au/General/ATO-advice-and-guidance/Advice-under-development-program/Advice-under-development—trust-specific-issues/mk.com.au/deciphering-section-100a-and-the-ordinary-family-or-commercial-dealing-exemption/iknow.cch.com.au/news/xatagnewsUio3557505sl1383230153/beneficiary-not-presently-entitled-to-trust-incomewww.cornwalls.com.au/bblood-enterprises-pty-ltd-v-commissioner-of-taxation-2022-fca-1112-bblood/hallandwilcox.com.au/thinking/guardian-ait-appeal-round-two-split-decision-section-100a-and-part-iva/www.afr.com/wealth/personal-finance/ato-turns-screws-on-popular-trusts-amid-tax-evasion-claims-20230130-p5cghbwww.austlii.edu.au/cgi-bin/viewdoc/au/cases/cth/FCA/2022/1112.htmlwww.judgments.fedcourt.gov.au/judgments/Judgments/fca/full/2023/2023fcafc0003hallandwilcox.com.au/thinking/guardian-ait-appeal-round-two-split-decision-section-100a-and-part-iva/www.holdingredlich.com/guardian-in-the-full-federal-court-100a-meets-part-ivamk.com.au/tips-and-traps-for-trustees-drafting-distribution-minutes/ Update:Bblood – Full Federal Court confirms section 100A applies – KHQ Lawyers‘Bblood’ – A win for the ATO on Section 100A – KWM 0
Continue reading

US: Foreign Investment in Real Property Tax Act (FIRPTA)

bit.ly/3siBPQE Update:www.omm.com/resources/alerts-and-publications/alerts/new-guidance-on-firptas-application-to-reits-rics-foreign-governments/www.morganlewis.com/pubs/2023/01/treasury-issues-final-regulations-on-firpta-exemption-for-qualified-foreign-pension-fundswww.mayerbrown.com/en/perspectives-events/publications/2023/01/us-treasury-releases-final-and-proposed-regulations-on-qualified-foreign-pension-funds-and-other-issues-under-firptainsightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9Vaq4MnkGYZNgB17eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navIRS Takes Partnership Entity-Level View on FIRPTA’s Publicly Traded Stock Exception – Brass Tax (cadwalader.com) See also:www.akingump.com/en/insights/alerts/irs-takes-view-that-firpta-exemption-for-publicly-traded-stock-must-be-tested-at-partnership-levelwww.dlapiper.com/en-za/insights/publications/2023/06/irs-says-regularly-traded-stock-exception-to-firptaFIRPTA and Publicly Traded Corporations | Troutman Pepperinsightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VapeHhUD3DvOjV7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&nav 0
Continue reading

UAE: Federal Corporate Income Tax to be introduced

me-insights.bakermckenzie.com/2022/02/01/uae-introduces-new-corporate-tax/#page=1www.dlapiper.com/en/us/insights/publications/2022/1/uae-introduces-federal-corporate-income-tax-from-june-2023/afridi-angell.com/introduction-of-federal-corporate-tax-in-the-uae/www.klgates.com/Update-UAE-Introduces-Corporate-Tax-2-4-2022www.clydeco.com/en/insights/2022/2/uae-announces-the-introduction-of-corporate-taxalsuwaidi.ae/the-uaes-new-corporate-tax/www.professionallawyer.me/legal-articles/business/corporate-tax-on-business-profits-in-the-uaewww.globalcompliancenews.com/2022/02/17/uae-introduces-new-corporate-tax010222/#page=1www.herbertsmithfreehills.com/insight/uae-to-implement-corporate-income-tax-in-2023-%E2%80%93-stepping-into-the-mainstreamwww.schlueter-graf.com/fileadmin/publications/processed/220202_Introduction_of_Corporate_Tax_revised.pdfwts.com/global/publishing-article/20220204-uae-introduces-corporate-tax~publishing-article?language=enwww.hadefpartners.com/News/563/Impact-of-Federal-Corporate-Tax-on-Real-Estate-Investmentssites-herbertsmithfreehills.vuturevx.com/196/27818/compose-email/corporate-income-tax-in-the-uae–its-potential-impact-on-energy-and-infrastructure-projects—5-key-points.aspbakerxchange.com/rv/ff0090f4114d383fc0e9d66cb7409e55e586948d/p=3159989www.worldservicesgroup.com/publications.asp?action=article&artid=21531www.gibsondunn.com/introduction-of-corporate-tax-in-the-uae/#:~:text=On%20January%2031%2C%202022%20the,year%20beginning%20June%201%2C%202023.afridi-angell.com/business-income-tax-in-the-uae-in-2023/afridi-angell.com/video-inbrief-business-income-tax-in-the-uae/ See also:www.professionallawyer.me/legal-articles/business/does-corporate-tax-apply-to-freelancerswww.herbertsmithfreehills.com/latest-thinking/uae-to-launch-corporate-income-tax-%E2%80%93-key-impacts-for-projectswww.hadefpartners.com/News/583/UAE-Corporate-Tax-Preparationwww.hadefpartners.com/News/584/New-Cabinet-Resolution-clarifying-the-legal-framework-of-Mainland-Single-Shareholder-Companies-and-the-potential-future-tax-impactFederal Tax Authority publishes corporate tax guide for non-resident taxpayers | DLA Piper Update:insightplus.bakermckenzie.com/bm/tax/uae-key-highlights-of-the-corporate-tax-lawwww.ey.com/en_gl/tax-alerts/uae-ministry-of-finance-releases-corporate-tax-lawmof.gov.ae/wp-content/uploads/2022/12/Federal-Decree-Law-No.-47-of-2022-EN.pdfinsightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VaqGI9jJcUipnV7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navwww.hadefpartners.com/News/595/Federal-Decree-Law-No.-47-of-2022-on-the-Taxation-of-Corporations-and-Businesses–Corporate-Tax-Law-www.schlueter-graf.com/fileadmin/user_upload/221212_CIT.pdfmof.gov.ae/wp-content/uploads/2022/12/Federal-Decree-Law-No.-47-of-2022-EN.pdfwww.pwc.com/m1/en/services/tax/me-tax-legal-news/2022/uae-corporate-tax-law-release.htmlwam.ae/en/details/1395303110166www.mayerbrown.com/en/perspectives-events/publications/2022/12/uae-federal-corporate-tax-law-new-advancementsamereller.com/publication/uae-corporate-tax-law-released/waselandwasel.com/articles/corporate-income-tax-disputes-under-the-new-uae-federal-decree-law-no-47-2022-on-the-taxation-of-corporations-and-businesses/afridi-angell.com/uae-corporations-and-businesses-tax-registration-of-taxable-persons/www.meydanfz.ae/uae-corporate-tax-explained/www.professionallawyer.me/blog/business-law/what-to-expect-on-9-corporate-tax-in-the-uae-in-2023/afridi-angell.com/corporate-tax-threshold-for-small-business-relief-set-at-aed-3-million-or-less/www.galadarilaw.com/news/corporate-tax-in-the-uae-how-may-this-affect-your-business/www.hadefpartners.com/News/611/Ministry-of-Finance-Releases-Details-on-Corporate-Tax-Registration-Exemptionswww.hadefpartners.com/News/612/Ministry-of-Finance-releases-details-on-Small-Business-Reliefcms-lawnow.com/en/ealerts/2023/04/uae-corporate-tax-small-business-relief-criteriawhpartners.eu/news/corporate-tax-relief-for-start-ups-and-micro-businesses-in-uae-a-positive-development-for-small-enterprisesmof.gov.ae/wp-content/uploads/2022/12/Federal-Decree-Law-No.-47-of-2022-EN.pdfwww.dlapiper.com/en-ma/insights/publications/gulf-tax-insights/gulf-tax-insights—april-2023/ministry-of-finance-announces-entities-exempt-from-registering-for-corporate-income-tax-purposesafridi-angell.com/uae-corporate-tax-law-law-47-of-2022-exemption-for-qualified-public-benefit-entities/www.reedsmith.com/en/perspectives/2023/05/uae-corporate-tax-relief-for-small-businesses-in-united-arab-emirateswww.hadefpartners.com/News/617/Ministry-of-Finance-releases-further-Guidance-on-Exempt-Personswww.galadarilaw.com/ar/news/galadari-alerts-corporate-tax-exemptions-granted-to-specific-individuals-by-ministry-of-finance/ Update:afridi-angell.com/the-ministry-of-finance-publishes-an-explanatory-guide-on-the-corporate-tax-law/www.galadarilaw.com/news/galadari-alerts-corporate-tax-exemptions-granted-to-specific-individuals-by-ministry-of-finance/www.hadefpartners.com/News/620/MoF-releases-Guidance-on-categories-of-Business-or-Business-Activities-conducted-by-a-Natural-Person-that-will-be-subject-to-Corporate-Taxwww.dlapiper.com/en-th/insights/publications/gulf-tax-insights/gulf-tax-insights—may-2023/ministerial-decision-establishes-conditions-to-retain-exempt-statuswww.dlapiper.com/en-th/insights/publications/gulf-tax-insights/gulf-tax-insights—may-2023/uae-ministry-of-finance-publishes-explanatory-guide-on-corporate-income-tax-lawwww.dlapiper.com/en-th/insights/publications/gulf-tax-insights/gulf-tax-insights—may-2023/ministerial-decision-no-114-of-2023-provides-clarity-on-applicable-accounting-standardswww.dlapiper.com/en-th/insights/publications/gulf-tax-insights/gulf-tax-insights—may-2023/ministerial-decision-no-83-sheds-light-on-taxation-of-non-residentsme-insights.bakermckenzie.com/2023/06/02/uae-ministry-of-finance-announces-qualifying-income-definition/#page=1me-insights.bakermckenzie.com/2023/06/02/uae-ministry-of-finance-announces-qualifying-income-definition/#page=1amereller.com/publication/corporate-tax-in-the-uae-free-zones-clarification-on-the-qualifying-income-and-substance-requirements-for-the-qualifying-free-zone-persons/insightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VaoJqI2bLqrPlF7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navcms-lawnow.com/en/ealerts/2023/06/uae-corporate-tax-law-what-constitutes-qualifying-income-for-free-zone-personsinsightplus.bakermckenzie.com/bm/tax/united-arab-emirates-ministry-of-finance-announces-qualifying-income-definitionUAE Ministry of Finance Clarifies Definition of Qualifying Income for Free Zone Entities | Charles Russell SpeechlysUAE Corporate Tax Law: When does a non-resident juridical person have (cms-lawnow.com)UAE Ministry of Finance provides...
Continue reading