by Terry Hayes | Oct 1, 2011 | Features
Draft Taxation Ruling TR 2011/D3 This important and controversial draft ruling (released in July 2011) outlines the Commissioner’s views on when a “superannuation income stream” commences and when it ceases, and consequently when a superannuation income stream is...
by Terry Hayes | Aug 1, 2011 | Features
Taxation Determination TD 2011/13 This TD specifies that, for the purposes of s 108-85 of the ITAA 1997, the improvement threshold for the 2011/12 income year is $130,418 (up from $126,619 in 2010/11). Where a pre-CGT asset has had an improvement of a capital nature...
