25 February 2013
In this week's Tax highlights we feature:
- Review into the venture capital limited partnerships regime: The Board of Taxation’s Review of taxation arrangements under the venture capital limited partnerships regime has been released. The review found that improvements could be made to increase investment in high risk start-up and expanding businesses in the Australian venture capital sector
- Appeals update – Dickinson and Fabig: The Commissioner has appealed to the Federal Court against the AAT’s decisions concerning the availability of scrip-for-scrip roll-over relief in Dickinson and Commissioner of Taxation and Fabig and Commissioner of Taxation
- Tackling global tax rorts: The Assistant Treasurer has released an opinion piece on the protection of the tax base in the age of digital disruption.
Plus we provide our synopsis of the latest legislative developments, cases, announcements, and ATO information and releases.