Search results

Tax minimisation is fine. Tax avoidance = tax evasion.

They courts might agree or disagree with the ATO. I read somewhere that the ATO actually loses most of its court battles. The problem is that small fry investors like you and me normally don't have the time, energy or funds to take on the ATO in court, so the ATO relies on most people like us...

Does anyone really believe that the main reason underpinning a decision to negative gear is something other than tax minimisation? Or to claim a tax deduction for property management expenses? Or to claim a deduction for your contributions to charity? There's nothing wrong with tax...

If you have multiple loans, some deductible and some non-deductible, then it makes financial sense to allow the deductible loans to capitalise, if doing so enables you to pay down the non-deductible loans more quickly. I've been doing it for a couple of years, since the ATO ruling discussed in...

If you have multiple loans, some deductible and some non-deductible, then it makes financial sense to allow the deductible loans to capitalise, if doing so enables you to pay down the non-deductible loans more quickly. I've been doing it for a couple of years, since the ATO ruling discussed in...

No worries. Thanks, one of those three threads is my one... the other two just mention TD 2012/1 in passing, there's not much discussion there. I think Julia's PDF linked above offers some good insight...

Please note the question mark at the end of the thread title. It means I'm asking a question... Besides, I think the quoted text in my first post describes the specific scenario in question. Are there other threads on TD 2012/1... I searched but couldn't find any. Would you mind linking to them?

There have been prior ATO rulings saying that this arrangement was OK, so I'm surprised by the change. I'd like to see more details, perhaps there was something more unusual about a recent case that the ATO rejected? Do any of the tax experts here have more information on this? Here is some...

http://www.theage.com.au/business/property/alarm-as-taxman-takes-interest-20120424-1xjbv.html#ixzz1szzbp8iK