In 2019 the ATO started its first crypto data-matching program. The ATO’s data matching program compared taxpayer self reported income to cryptocurrency transaction data occurring between 2014 and 2019. Recently, the ATO expanded their program to gather information up to the 2022-2023 income year and will continue to gather and compare...
An Active Asset: Mr Eichmann and his block of land
The Gatekeeper to Small Business Capital Gains Concession Eligibility. An Active Asset is a key technical definition in the eligibility criteria for all small business capital gains tax concessions and must be an asset used in the course of carrying on a business. Eichmann v Commissioner of Taxation [2020] FCAF...
The Small Business Restructure Roll Over
Small Business Restructure Relief - Adopt the right legal structure for your business without triggering a capital gains tax liability.
An Active Asset: Mr Eichmann and his block of land
The Gatekeeper to Small Business Capital Gains Concession Eligibility. An Active Asset is a key technical definition in the eligibility criteria for all small business capital gains tax concessions and must be an asset used in the course of carrying on a business. Eichmann v Commissioner of Taxation [2020] FCAF...