Taxation issues with lending company money

Discussion in 'Accounting & Tax' started by MBowen, 27th Jan, 2016.

Join Australia's most dynamic and respected property investment community
  1. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    23,319
    Location:
    Sydney
    I read a good article by a Barrister who considered the TPB Act was really not sufficiently broad and it could have been strengthened to include such matters as duties, land and property taxes etc However the TPB was a successor to the tax agents regime and the scope was limited to tax agent services. The TPB are masters to the Commissioner and it reflects.

    Sound familiar ?? Financial planners v accountants and SMSFs.