Thinking outside the box
At Tregloans, we approach accounting from a different angle. Our innovative thinking can help shape the future of your business.
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Over the past year or so, there has been a lot of attention on the ATO intending to crackdown on tax planning using trusts. The latest target has been discretionary trusts that make distributions of their income to private companies ('corporate beneficiaries')..
The ATO recently released its compliance program for 2010/11. In relation to tax compliance for small and medium enterprises the ATO will be focussing on a variety of issues.