Employee Savings Plans

Salary Deferral Arrangements

Profit washing scheme using a trust and a loss entity

Liquidation of entities to avoid the payment of tax liability

Claims for GST refunds beyond four years arising from the reclassification of a previously taxable supply as GST free.

Arrangements to shift foreign business losses into Australian branches or resident entities

Foreign residents attempting to avoid Australian capital gains tax by certain 'staggered sell down' arrangements

Use of certain legal structures established in Liechtenstein to attempt to avoid or evade Australian tax obligations

Foreign residents exploiting asset valuations to avoid capital gains tax

Uncommercial use of certain trusts

Self-managed superannuation funds deriving income from certain uncommercial trusts

Certain borrowings by self managed superannuation funds

Claiming tax deductions for debts from a previous tax planning scheme that are forgiven or where repayments are refunded

Application of Part IVA of the Income Tax Assessment Act 1936 to 'wash sale' arrangements

Australian resident entities creating false deductions and/or concealing income through arrangements with promoters based in Vanuatu.

Private company loan arrangement to obtain tax-free distributions and avoid deemed dividends

Superannuation Illegal Early Release Arrangements

Non-commercial use of negotiable instruments involving self-managed superannuation funds

Retail Premiums paid on unexercised share entitlements

Re-characterising capital losses as revenue losses