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Tax Insights

20 Sep 2017  |  Riposte  |  Private Wealth

Corporate tax rate cut - passive income exclusion

The Government has released exposure draft legislation to clarify that the corporate tax rate reduction will not be available for corporate tax entities with predominantly passive income. There are areas of the drafting that may require amendment.

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15 Sep 2017  |  Riposte  |  Private Wealth

Private Groups and Trusts under ATO scrutiny

The ‘Tax Avoidance Taskforce – Trusts’ is targeting privately owned and wealthy groups involved in higher risk trust arrangements. The ATO has released a list of situations which attract the Taskforce’s attention and may result in severe sanctions for targeted taxpayers.

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15 Sep 2017  |  Riposte  |  Real Estate

Government significantly limits residential REITs

The Government has released for public consultation the exposure draft legislation containing the measures to implement its affordable housing MIT proposal.. However, at the same time the Government will deny MIT status to trusts that invest in residential premises that do not constitute affordable housing.

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News & Events

01 Jul 2017  |  News & Announcements

Congratulations Michael, Steven & Mary

Greenwoods congratulates Michael Carroll, Steven Guo and Mary Hu on their promotion to Senior Associate.

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09 May 2017  |  News & Announcements

Our under 30 stars

Congratulations to Mary Hu and Ryan Leslie on being finalists for the Lawyers Weekly 30 Under 30 award for tax.

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04 May 2017  |  News & Announcements

ITR - Asia Tax Awards 2017

For the second year running, Greenwoods & Herbert Smith Freehills and associated law firm Herbert Smith Freehills were named the best firm in Australia for tax litigation and disputes at the International Tax Review Asia Tax Awards.

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