Show Notes
The showdown of companies versus trusts. In this episode of TaxVibe, Robyn chats with John Ioannou CTA, Principal Lawyer and National Head of Tax, Macpherson Kelley. Robyn and John discuss the benefits and drawbacks of both structures in a changing tax environment. But is there a victor? They discuss: What is a company and how does it differ to a trust?Different outcomes for stakeholdersDivision 7A, section 100A and lots of other tax rulesDo trusts still have a purpose?Is it just too hard to ...
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Pillar Two is live, and the hardest part isn’t the rules. It’s the data. John Storey and Daphne Lee unpack what it takes to calculate top-up tax and why so many multinationals are struggling to get the data they need. They cover: Where the calculation gets complicatedWhat the new reporting requirements demand of your clientsWhat’s at stake if they get it wrongPractical advice for guiding clients through it, including how Wolters Kluwer supports compliancePress play if your clients are facing ...
Divorce is hard enough without a surprise tax bill on top of it. When a property settlement involves a family trust, a company, superannuation or an inheritance, the money side gets complicated fast – and it's rarely just a "tax" issue or just a "legal" issue alone. It's often both, tangled together. In this episode of TaxVibe, Rachel Vijayaraj and Ankit Sharma talk through the traps that catch people off guard – the kind that can turn a settlement into an unexpected tax bill – and why gettin...
What happens when a rapidly evolving tech-driven world collides with the dense world of tax regulation? In this episode of TaxVibe, The Tax Institute’s John Storey sits down with Simeon Duncan, Head of Corporate Affairs and Public Policy at Intuit, to unpack The Costs of Tax Complexity in a Tech World. If you’ve been wondering how digital transformation, the "Uberisation" of tax, and emerging AI tools are reshaping everyday practice, this conversation cuts through the noise. What you'll le...
This conversation explores the role of micro-credentials in professional education, particularly in the tax field. Murray Cassar and Deb Friel discuss the definition, advantages, and future of micro-credentials, emphasizing their flexibility, stackability, and relevance in today's fast-paced learning environment. They highlight the importance of micro-credentials for continuous professional development (CPD) and how they can serve as a bridge to traditional qualifications. The discussion also...
In this episode of TaxVibe, host John Storey, Tax Counsel at The Tax Institute and Jonathan Ortner, FTI, Tax Partner at Arnold Bloch Leibler, discuss trusts - specifically the Family Trust Distribution Tax in Australia, and its complexities. John and Jonathan delve into the origins of FTDT and the traps that can arise from misunderstandings of the rules. Their conversation highlights the negative consequences of mistakes in trust distributions, including significant tax liabilities and the ro...