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1: Australian Taxation Office Just Made Divorce A Lot More Expensive | August 4, 2014

The Australian Taxation Office (ATO) has reversed its long held view, expressed in a number of private rulings, that the deemed dividend rules contained in Division 7A of the Income Tax Assessment Act 1936 (ITAA 1936) do not apply where family companies distribute cash to either the husband or the wife as a result of Family Court Orders…


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