4 June 2012
In this week’s Tax highlights we feature:
- Release of 2012 forms and schedules: The ATO has released tax return forms, schedules and accompanying instructions, and guides for the 2011-12 income year
- Minerals resource rent tax (MRRT) guidance: The ATO has released guidance for taxpayers on the MRRT, which will apply from 1 July 2012 to certain profits from iron ore and coal projects
- ATO Rulings: Tax determinations concerning the application of the private company deemed dividend rules are expected to be released by the ATO this Wednesday, 6 June 2012.
Plus we provide our synopsis of the latest tax-related cases, legislative developments, announcements and ATO information and releases.