Contact: ESV Chartered Accountants (New South Wales, Australia)

 

The beginning of the new financial year saw Australia join much of the developed world in pricing carbon emissions. From 1 July 2012, Australia's top polluters will be taxed ("carbon tax")

Read more: The introduction of Carbon Tax in Australia

Contact: ESV Chartered Accountants (New South Wales, Australia) 

Outcomes from the federal budget and tax cuts from 1 July can make things a bit confusing coming up to the end of the financial year. Here are some things

Read more: End of Financial Year Reminders for Australia

Contact: KMJ Corbin & Company (Costa Mesa, California, USA)

The 8th U.S. Circuit Court of Appeals held that an S corporation owner's salary was unreasonably low, and that he therefore owed FICA tax on a portion of amounts taken as distributions.

Read more: Reasonable S Corp. Compensation Issue

Contact: ESV Chartered Accountants (New South Wales, Australia)

On 30 January 2012, the new Personal Property Securities Act (PPSA) came into force. The Act dramatically alters the way security is taken over personal property, and some aspects of commercial law

Read more: Personal Properties Securities Act 2009 ("PPSA") Now in Effect