If a bankrupt inherits property during their bankruptcy, it will very likely vest in the trustee in bankruptcy. Learn how to protect your inheritance if bankruptcy is looming through a testamentary trust.
The ATO has a number of options to collect tax debts. These include Garnishee Notices and Statutory Demands, both of which are discussed in this article.
Media Release by Treasury Department relation submissions and the draft legislation regarding the reporting tax debts of businesses to credit reporting agencies by the Australian Taxation Office (ATO).
Government action being taken to crack down on illegal phoenixing activity. Changes to the law proposed, including a director identification number and increased powers to the ATO.
What are the major effects on your life and the lives of your family and creditors in the event that you declare bankruptcy? This article briefly looks at your obligations and the implications of bankruptcy.
