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PwC settles former tax partner’s case over retirement payments
Accounting 2025-03-25 11:31 pm By Christine Caulfield

A former PricewaterhouseCoopers partner has settled his case against the consulting giant, which alleged he was denied promised retirement payments.

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Real estate group Coronis wins battle with ATO
Tax 2025-03-26 3:50 pm By Andy Sidler

Family-owned real estate group Coronis has successfully challenged the tax office on a $5 million alleged shortfall, with a judge finding service fees paid to two companies in the group were deductible.  

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Fresh success for Myer, Emporium landlord after $82.5M stamp duty win
Real Estate 2025-03-24 11:24 pm By Andy Sidler

Victoria’s State Revenue Office must pay the bulk of costs incurred by shopping centre landlord Vicinity in a successful challenge to $82.5 million in stamp duty slapped on land occupied by Myer and Emporium in Melbourne’s city centre.

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High Court asked to overturn landmark tax ruling
Tax 2025-03-19 4:35 pm By Cat Fredenburgh

The Tax Office has asked the High Court to reverse a landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions.

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Property investment firm ISPT challenges $10M stamp duty assessment
Tax 2025-03-20 11:37 pm By Andy Sidler

Property investment firm ISPT has lodged a challenge to a $10 million stamp duty tax assessment for two acquisitions made in 2022.

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Lady Fairfax trust can’t escape surcharge land tax, court finds
Construction 2025-03-12 11:12 pm By Andy Sidler

A judge has found two major Sydney residential developments that are part of the estate of the late Lady Mary Fairfax cannot dodge surcharge land tax.

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Canberra developer Geocon files appeal over GST on $113M development
Construction 2025-02-28 11:37 pm By Cindy Cameronne

Canberra developer Geocon has filed a legal challenge seeking a tax refund on sales from a development for 360 residential units. 

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Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court
Justice Anthony Payne 2025-02-27 4:31 pm By Sam Matthews

An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.

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Baker McKenzie lures partner back to tax group
Business of Law 2025-02-26 11:41 pm By Julia Kanapathippillai

A transfer pricing pro who spent ten years as a partner at Baker McKenzie has rejoined the firm’s tax practice after a stint in-house.

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Landmark ruling to upend tax office’s practice of treating UPEs as loans
Tax 2025-02-20 11:56 pm By Sam Matthews

An appeals court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, upending the ATO’s longstanding practice of treating UPEs as part of a trustee’s assessable income.

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