Mondaq Australia: Wealth Management
Currently, six Pacific Island nations are listed on the OECD ‘grey’ list. This means that whilst the OECD considers them 'tax havens', they have substantially committed to implementing the OECD International Tax Standard.
The national accounts released on December 5 showed that the Australian economy grew by 0.5% in the September quarter.
There is no question that the Australian economy is in a state of flux.
The requirement that land comprises at least 60% of the assets of a company or unit trust will be removed.
It is trite to say that estate planning should be done during your lifetime but many planning opportunities are simply missed.
This article highlights the impact of the EU Directive on Alternative Investment Fund Managers on Australian investors.
The Export Market Development Grants (EMDG) scheme aims to bring benefits to Australia by encouraging the development and expansion of foreign markets for Australian goods, services, intellectual property and know-how.
Australian Customs initiates investigation into alleged dumping and subsidisation of Biodiesel exported from the United States of America.
Australian companies seeking to take advantage of opportunities in India should be aware of a recent decision of the Indian Supreme Court which exposes foreign arbitral awards to challenge in Indian courts.
Treasury released the long awaited Potts Report into the regulation of Direct Offshore Foreign Insurers and Discretionary Mutual Funds on 27 May 2004. The Report recommends that DOFIs marketing insurance in Australia should remain exempt from prudential regulation in Australia if they are domiciled in a country with comparable regulation.
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There is no question that the Australian economy is in a state of flux.
Clients should always consider the use of Testamentary Discretionary Trusts when making or reviewing their Wills.
Likely impacts on industry from the recent announcements by the Minister regarding increased control on cargo.
This update considers commercial and superannuation law issues of developing property through a unit trust structure.
The law will be changed to ensure foreign pension and sovereign wealth funds can access the MIT withholding tax regime.
Reported interim controls have been put in place for the reopening of the banks in Cyprus on Thursday 28 March 2013.
This article highlights the impact of the EU Directive on Alternative Investment Fund Managers on Australian investors.
The Draft Ruling discusses the meaning of the term "income of the trust estate" and also provides illustrative examples.
The international tax rules may have "passed their use-by date" but changes must be based on a real, not perceived flaw.
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