ATO to cut investment crops

Article Abstract:

The Australia Tax Office takes firm action against tax effective investments, some of which promise large profits which never materialize. Under the product ruling system, tax benefits set out in a specific investment or product are only available as long as the arrangement is undertaken in compliance with the information given to the Tax Office.

Tax Law, Public Finance Activities, Tax administration and procedure, Tax administration

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Team player

Article Abstract:

Beverley Price is the chief financial officer of CITEC, the business unit of the Queensland Government, and she believes in the importance of teamwork. Price believes that her own success is due to long working hours, a personal commitement to achieving high standards, a determination to succeed, and perseverance.

Behavior, Chief financial officers, Price, Beverley Joan

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A matter of time

Article Abstract:

The introduction of the Goods and Services Tax in Australia in 2000 resulted in many small to medium sized firms facing heavy financial pressures and increased demands on business managers' time.

Taxation, Accounting and auditing, Small business, Tax policy, Consumption taxes

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