1 Apr 2020 Corporate and commercial Impact of COVID-19 on dividends: What are the legal requirements for payment of dividends? Many companies will be reviewing their dividend policies in response to the adverse economic impacts of COVID-19.
1 Apr 2020 Corporate and commercial ASX Compliance Update In response to the COVID-19 pandemic, the ASX has advised that it is proposing a temporary emergency class order waiver under listing rule 18.1 (Class Waiver) to help facilitate capital raisings up to 31 July 2020.
25 Mar 2020 Corporate and commercial Discretionary trusts, stamp duty and land tax surcharges It may be necessary to amend discretionary trust deeds to expressly exclude foreign beneficiaries where foreign persons are not intended to be potential beneficiaries. Otherwise, stamp duty and land tax surcharges may apply.
23 Mar 2020 Restructuring and insolvency Insolvency trading laws temporarily relaxed as government looks to support businesses in ... The Federal Government has announced a relaxation of some of the laws relating to insolvent trading.
19 Mar 2020 Hotels, Tourism and Hospitality Banking and finance Restructuring and insolvency Employment and safety COVID-19 - Practical planning considerations for Hotel Owners and Operators In brief - in this four-part article, we examine some important issues for hotel operators and owners to help you manage your risk in the face of COVID-19.
17 Mar 2020 Corporate and commercial The impact of pandemics on contracts: a review of frustration, force majeure and material ... The doctrine of frustration, and force majeure clauses or MAC clauses in contracts may relieve a party of their contractual obligations.
24 Feb 2020 Corporate and commercial Federal Court narrows the meaning of active asset Direct functional relevance test set by Court's decision.
16 Jan 2020 Corporate and commercial ATO finalises its position on trust split arrangements Capital gains tax consequences of trust split arrangements partly clarified but more clarity required.
27 Nov 2019 Corporate and commercial Tax deductibility of gaming machine entitlements The High Court has decided that the purchase price of gaming machine entitlements in Victoria was not deductible in Commissioner of Taxation v Sharpcan Pty Ltd [2019] HCA 36.
24 Nov 2019 Corporate and commercial Tax payable by foreign residents on capital gains may increase under proposed changes ATO issues preliminary views on capital gains made by foreign beneficiaries of non-fixed trusts and relevance of source concept for capital gains, while gov't introduces legislation to remove entitlement to main residence exemption.