sneakey pete Posted February 12, 2014 Share Posted February 12, 2014 Will do better next time i'm sure. Staff member is back from sick leave, no more moving the office but still having to do the same amount of work, stress levels should be way down. Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197542 Share on other sites More sharing options...
t5iv Posted February 12, 2014 Author Share Posted February 12, 2014 You can photocopy whatever you want mate.............at the end of the day it will all come down to the integrity of the individual / business being reviewed....................they will profile you based upon the information you furnish to them and that will give them lead indicators on what is credible and what is not. CSI is baiscally coming to reality guys. Guys like me are fuarked. Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197618 Share on other sites More sharing options...
Ants Posted February 12, 2014 Share Posted February 12, 2014 Morning all Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197621 Share on other sites More sharing options...
Ants Posted February 12, 2014 Share Posted February 12, 2014 Guys like me are fuarked.nah youl be right! Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197623 Share on other sites More sharing options...
cowdy Posted February 12, 2014 Share Posted February 12, 2014 Morning Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197674 Share on other sites More sharing options...
Ants Posted February 12, 2014 Share Posted February 12, 2014 Hi Zac Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197678 Share on other sites More sharing options...
Captain Natro Posted February 12, 2014 Share Posted February 12, 2014 Morning fauarkers Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7197701 Share on other sites More sharing options...
Ants Posted February 13, 2014 Share Posted February 13, 2014 Soooooooo..........dividend access shares come at me. well that's what our lawyer just advised as an alternative structuring arrangement...............I can already see the reaction from my clients........something like this Antz brain will have to resolve it...........again Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198163 Share on other sites More sharing options...
Cadmoon Posted February 13, 2014 Share Posted February 13, 2014 This is why Antz is on the big bucks. Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198284 Share on other sites More sharing options...
t5iv Posted February 13, 2014 Author Share Posted February 13, 2014 Soooooooo..........dividend access shares come at me. well that's what our lawyer just advised as an alternative structuring arrangement...............I can already see the reaction from my clients........something like this ImageUploadedBySAU Community1392266565.662205.jpg Antz brain will have to resolve it...........again dafuq? Why?! Can think of a few obscure situations where that could be a vaguely conceivable option... Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198334 Share on other sites More sharing options...
t5iv Posted February 13, 2014 Author Share Posted February 13, 2014 For those playing at home: Private companies with accumulated profits may issue a new class of shares to associates of the ordinary shareholders of the private company. These new classes of shares are created and often issued for nominal consideration. They do not carry any voting rights but usually carry the opportunity to receive dividends. Subsequently, when the accumulated profits of the private company are distributed to the new shareholders, the tax paid is often substantially less than what would have been recognised in the hands of the original shareholders. Although private companies and their advisors may have a commercial rationale for creating such arrangements i.e. asset protection, estate planning or as a performance incentive mechanism for personnel, the Commissioner will be checking to ensure these arrangements have not been set up for a tax avoidance purpose. Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198339 Share on other sites More sharing options...
Ants Posted February 13, 2014 Share Posted February 13, 2014 This is why Antz is on the big bucks. should be on the bigger bucks to deal with this structural nightmare Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198377 Share on other sites More sharing options...
Ants Posted February 13, 2014 Share Posted February 13, 2014 dafuq? Why?! Can think of a few obscure situations where that could be a vaguely conceivable option...exactly! Plus my clients will not see the value in this and will crystalise unwanted tax implications. Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198378 Share on other sites More sharing options...
Ants Posted February 13, 2014 Share Posted February 13, 2014 For those playing at home: Private companies with accumulated profits may issue a new class of shares to associates of the ordinary shareholders of the private company. These new classes of shares are created and often issued for nominal consideration. They do not carry any voting rights but usually carry the opportunity to receive dividends. Subsequently, when the accumulated profits of the private company are distributed to the new shareholders, the tax paid is often substantially less than what would have been recognised in the hands of the original shareholders. Although private companies and their advisors may have a commercial rationale for creating such arrangements i.e. asset protection, estate planning or as a performance incentive mechanism for personnel, the Commissioner will be checking to ensure these arrangements have not been set up for a tax avoidance purpose. straight off the ATO website nice one Tony. This ^ is also why this option may not be a viable one..........as the level of audit risk is significant and although would not benefit a tax advantage it from it, it would create unrecoverable time charged............for something the client would not understand. Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198381 Share on other sites More sharing options...
Cadmoon Posted February 13, 2014 Share Posted February 13, 2014 Less soulless accountant speak MOAR SKYLINES! Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198389 Share on other sites More sharing options...
Ants Posted February 13, 2014 Share Posted February 13, 2014 Less soulless accountant speak MOAR SKYLINES!I dream of skylines........I have much soul Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198397 Share on other sites More sharing options...
Captain Natro Posted February 13, 2014 Share Posted February 13, 2014 I dream of skylines........I have much soul I dreamt I was drifting the abomb the other night, was an odd dream... Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198475 Share on other sites More sharing options...
SCR48 Posted February 13, 2014 Share Posted February 13, 2014 Less soulless accountant speak MOAR SKYLINES! You ask, I'll deliver.... Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198477 Share on other sites More sharing options...
SCR48 Posted February 13, 2014 Share Posted February 13, 2014 I dreamt I was drifting the abomb the other night, was an odd dream... Did it capsize? Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198478 Share on other sites More sharing options...
Captain Natro Posted February 13, 2014 Share Posted February 13, 2014 Did it capsize? No but it was turboed, which was odd I also narrowly missed a pole... Also went to a giant house, and got lost within it like a maze was messed up Link to comment https://www.sau.com.au/forums/topic/431233-mugabetown-whoretownin-at-its-worst/page/679/#findComment-7198483 Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now