The Full Federal Court decision in Commissioner of Taxation v Morton [2026] FCAFC 31 highlights that even a large-scale land subdivision may still constitute the mere realisation of a capital asset, with factors such as the taxpayer’s role, level of con...

For many Australians, superannuation is the largest asset they leave behind – often larger than anything other than the family home. What many find surprising is that superannuation does not automatically form part of a person’s estate. People t...

Public Interest Criterion 4020 (PIC 4020) remains one of the most daunting provisions in the Migration Regulations 1994. It applies to almost every visa application and is commonly referred to as the “fraud” or “integrity” PIC. The best strateg...

ATO’s focus on trusts On 28 August 2025, the ATO’s Assistant Commissioner (Private Wealth Division) stated that the ATO was seeing an increase in Family Trust Distribution Tax (FTDT) issues due to inadequate record keeping; succession planning; inter...