Proposed amendments to “aggregate schemes” under the debt-equity rules
On 10 October 2016, the Federal Government released an Exposure Draft to amend the debt and equity rules in Division 974 of Income Tax Assessment Act 1997 for the purpose of implementing recommendations made by the Board of Taxation in its April 2015 report Review of the Debt and Equity Tax Rules.
The golden age for athlete endorsements
Yes, the team with the best single-season record in NBA history just got better…Kevin Durant, the 2014 Most Valuable Player, 7-time NBA All Star, 5-time All-NBA First Team member and 4-time scoring champion, has agreed to sign with the Golden State Warriors.