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TIB - Volume 19 - 2007

Tax Information Bulletin Vol 19 No 2 - March 2007

Items of interest this month include:

Legislation and determinations

  • Livestock values - 2007 national standard costs for specified livestock

New legislation

  • Orders in Counsel
    • New double tax agreements with Chile, Poland, and Spain, new protocols to Australia and Singapore agreements
    • Use-of-money rates to rise

Standard practice statement

  • SPS 07/01 Tax payments - when received in time

Legal decisions

  • Counterclaim action during liquidation proceedings
  • Commissioner directed to consider remission of penalties and interest
  • Strike-out application
  • Solicitor's undertaking
  • High Court substantially upholds validity of Section 17 notice issued to taxpayer

Regular features

  • Due dates reminder
  • Your chance to comment on draft taxation items before they are finalised
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    Date published: 01 Mar 2007

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