and it's pretty easy just to track back thru an IP address I should think?
Trustee Resolutions
- Thread starter Terry_w
- Start date
and it's pretty easy just to track back thru an IP address I should think?
Agreed Aaron sometimes I have made comments regarding your suggestions because many times you have been wrong in your interpretation of the tax law and have made statements on a public forum which are inaccurate and others may rely on.
As you have also obtained a law degree people may take this as having a higher level of understanding and therefore rely on the information you have provided. Unfortunately you give many the impression of a high degree of tax knowledge but demonstrate a very low level of such.
I don't either like or dislike you as a person but as someone who posts 'knowledge' about tax law it is generally very poor and that is something I have an issue with. at least i am honest on this forum and tell you so. I know many others who talk about you behind your back about such comments. I'll be straight up and tell you my thoughts. If you don't like me for it to be honest I don't care and I'm sure you feel the same.
However your knowledge as a finance broker seems very good and I am sure your clients do appreciate the quality advice and structuring you provide in that area. I know very little about that area and steer well clear of commenting on it. It's not my area of expertise.
As you have also obtained a law degree people may take this as having a higher level of understanding and therefore rely on the information you have provided. Unfortunately you give many the impression of a high degree of tax knowledge but demonstrate a very low level of such.
I don't either like or dislike you as a person but as someone who posts 'knowledge' about tax law it is generally very poor and that is something I have an issue with. at least i am honest on this forum and tell you so. I know many others who talk about you behind your back about such comments. I'll be straight up and tell you my thoughts. If you don't like me for it to be honest I don't care and I'm sure you feel the same.
However your knowledge as a finance broker seems very good and I am sure your clients do appreciate the quality advice and structuring you provide in that area. I know very little about that area and steer well clear of commenting on it. It's not my area of expertise.
Just look at some of the powers ATO officers have under s263
http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1936240/s263.html
Powers greater than that of the AFP for example:
http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1936240/s263.html
Powers greater than that of the AFP for example:
I am reminded of a story told by an ATO investigator. He said they went into a building to copy and look at documents using the powers under s263. The person couldn't stop them entering, but he refused them permission to use his electricity. (The ATO brought their own photocopier).
The ATO guy said that is ok we will bring in our electric generator to power up the equipment. The person reluctantly relented.
The ATO guy said that is ok we will bring in our electric generator to power up the equipment. The person reluctantly relented.
Hi Terry,
Criminal law is peanuts compared to taxation law !
The ATO powers of coercion are amazing.
You have no right to silence.
Normal rules of evidence do not apply.
Third parties who may hold infomation can be called to give information under oath as to their knowledge of contents of documents currently unavailable, as well as being required to produce documents in their 'control'.
Many taxpayers do not understand that the ATO starts off softly softly but as soon as you appear to be obstructive a whole chain of events begin.
It is extremely difficult to stop any escalation if the taxpayer has inadvertently given the wrong indications or responses, possibly lulled into a false sense of security by the meek and polite initial invitations to clarify.
It would be good material for a separate thread. You kicked off this thread as a kindly reminder to trustees about their housekeeping, and now they are running for their lawyers !!!
Cheers,
Rob
Criminal law is peanuts compared to taxation law !
The ATO powers of coercion are amazing.
You have no right to silence.
Normal rules of evidence do not apply.
Third parties who may hold infomation can be called to give information under oath as to their knowledge of contents of documents currently unavailable, as well as being required to produce documents in their 'control'.
Many taxpayers do not understand that the ATO starts off softly softly but as soon as you appear to be obstructive a whole chain of events begin.
It is extremely difficult to stop any escalation if the taxpayer has inadvertently given the wrong indications or responses, possibly lulled into a false sense of security by the meek and polite initial invitations to clarify.
It would be good material for a separate thread. You kicked off this thread as a kindly reminder to trustees about their housekeeping, and now they are running for their lawyers !!!
Cheers,
Rob
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As a lawyer, that is good to hear!
