The tests for tax residency in Australia can be complicated, and getting it wrong can be costly. In this article, we set out the most common mistakes to watch out for.
The Full Court in Commissioner of Taxation v Bendel [2025] FCAFC 15 has overturned the ATO’s longstanding view that unpaid present entitlements (UPEs) to private companies are loans under Division 7A.
This article discusses the Full Court of the Federal Court’s decision in Commissioner of Taxation v Liang and what it means for taxpayers trying to meet their burden of proof—especially when the ATO questions unexplained income. So, what does this mean for taxpayers, and how can they avoid getting caught
