Australia: Podcast: Damian O’Connor on MyMelbourne with Glenn Ridge on superannuation from a taxation perspective

Damian O’Connor of our Melbourne office discusses superannuation from a taxation perspective on MyMp 1377AM radio show “MyMelbourne with Glenn Ridge”.

Click here to download the audio file (MP3).

Thanks for reading. We aim to make our publications both informative and entertaining; however, if you need specific legal advice please contact a lawyer (preferably us) rather than relying solely on what you’ve just read. We’re pretty good, but without talking to you, we can’t take your […]

By |December 13th, 2014|

United States: Interstate Truckers Beware – Massachusetts Aggressive Use Tax Policy On Vehicles Purchased Out-Of-State Upheld By ATB In Regency Transportation Case

Early this month, the Appellate Tax Board issued a decision involving the application of Massachusetts use tax to trucks that could have implications for all transportation companies doing business in the Commonwealth.

In Regency Transportation, Inc. v. Commissioner, the Board held that Regency Transportation, an interstate freight transportation company, was subject to Massachusetts use tax on vehicles purchased outside of Massachusetts, because those vehicles were stored and used in Massachusetts. The vehicles in question […]

By |December 13th, 2014|

India Amplifies Compliance Norms For Wealth Tax Purposes

In a recent development, the compliance norms for wealth tax purposes in India have been amplified. Accordingly, overseas assets of persons subject to Indian wealth tax, including:

bank accounts;
immovable properties, including debt owed in relation thereto;
jewellery; and
shares, bonds and debentures,
will be required to be mandatorily disclosed in the wealth tax returns. It is important to note that wealth tax is a separate levy from income tax in India and is charged at the rate of […]

By |December 12th, 2014|