26 August 2013
In this week's Tax highlights we feature:
- China to sign Multilateral Tax Convention: The OECD has announced that China will become a signatory to the Convention on Mutual Administration Assistance in Tax Matters
- Approved worker entitlement fund – not a unit trust: The AAT has held that the trustee of an approved worker entitlement fund was not a trustee of a unit trust that was a public trading trust and the income of the fund was taxable to the trustee under the general trust provisions.
Plus we provide our synopsis of the latest legislative developments, cases, announcements, and ATO information and releases.