Tim Olynyk

 Articles by this Author

Property holders may soon be required to pay the Growth Areas Infrastructure Contribution (GAIC) on certain property transactions occurring in Melbourne’s growth areas.
In the 2010 Federal Budget, the Government announced that it would introduce some changes to the application of Division 7A.

Duty Amendment Bill 2008 (Vic)

The Duties Amendment Bill 2008 (Vic) was introduced into Parliament on 4 December 2008 to make various amendments to the Duties Act 2000.
The purpose of this article is to set out the capital gains tax ("CGT") implications of a standard earnout arrangement as stipulated in the new Draft Taxation Ruling TR 2007/D10 ("the Draft Ruling").

Important changes to trust loss

On 21 June 2007, Tax Laws Amendment (2007 Measures No.4) Bill 2007 was issued. Amongst the changes contained in the bill, significant alterations have been proposed in relation the application of the Trust Loss rules contained in the Income Tax Assessment Act 1936.