PAR (ASX) The ATO Audit the Country Club

Originally posted by poolboy: ↑

Part 1 - Intro
DTCope ignited the PoolBoys interest when he uttered the Word.. TAX... in another thread and what better topic than to raise the eyre of the Country Club members...
DISCLAIMER ... My alter ego is a registered tax agent / accountant and you guessed it nerd. The following and anything I say should not be taken as advice and you should seek the advise of an agent / accountant before implementing a tax strategy as everybodies circumstances are different... Tax is a complex beast.
i will revisit this as I don’t have time to get everything in one post so this will start the thread and I will be back.

For any other accountants / Tax nerds please feel free to chime in happy for this to be free flowing and welcome adverse opinions etc..

There is nothing wrong with tax planning so as to legally minimise the Tax you are paying. Our tax system is built to take from the rich and distribute to the government such that people who work hard / get educated / risk their hard earned capital get taxed proportionally more. Does that seems fair?

Expand

Originally posted by poolboy: ↑

Part 1 - Intro
DTCope ignited the PoolBoys interest when he uttered the Word.. TAX... in another thread and what better topic than to raise the eyre of the Country Club members...
DISCLAIMER ... My alter ego is a registered tax agent / accountant and you guessed it nerd. The following and anything I say should not be taken as advice and you should seek the advise of an agent / accountant before implementing a tax strategy as everybodies circumstances are different... Tax is a complex beast.
i will revisit this as I don’t have time to get everything in one post so this will start the thread and I will be back.

For any other accountants / Tax nerds please feel free to chime in happy for this to be free flowing and welcome adverse opinions etc..

There is nothing wrong with tax planning so as to legally minimise the Tax you are paying. Our tax system is built to take from the rich and distribute to the government such that people who work hard / get educated / risk their hard earned capital get taxed proportionally more. Does that seems fair?

Expand

We all start from a different point. Some have wealthy parents and/or private education with its entry to networking. Some are intelligent. Some are born with a driven personality. These things are not really our own achievements but our luck. Giving is living! We enjoy a better, happier society when we share if we happen to end up with a larger pot.

Originally posted by poolboy: ↑

Part 1 - Intro
DTCope ignited the PoolBoys interest when he uttered the Word.. TAX... in another thread and what better topic than to raise the eyre of the Country Club members...
DISCLAIMER ... My alter ego is a registered tax agent / accountant and you guessed it nerd. The following and anything I say should not be taken as advice and you should seek the advise of an agent / accountant before implementing a tax strategy as everybodies circumstances are different... Tax is a complex beast.
i will revisit this as I don’t have time to get everything in one post so this will start the thread and I will be back.

For any other accountants / Tax nerds please feel free to chime in happy for this to be free flowing and welcome adverse opinions etc..

There is nothing wrong with tax planning so as to legally minimise the Tax you are paying. Our tax system is built to take from the rich and distribute to the government such that people who work hard / get educated / risk their hard earned capital get taxed proportionally more. Does that seems fair?

Expand

No.	Vol.	Price($)
4	28239	27.0¢

No.

Vol.

Price($)

28239

27.0¢

Price($)	Vol.	No.
28.0¢	33768	7

Price($)

Vol.

No.

28.0¢

33768

No.	Vol.	Price($)
4	28239	0.270
3	93800	0.265
7	132607	0.260
5	227157	0.255
9	119250	0.250

No.

Vol.

Price($)

28239

0.270

93800

0.265

132607

0.260

227157

0.255

119250

0.250

Price($)	Vol.	No.
0.280	33768	7
0.285	3025	3
0.290	13791	3
0.300	48593	8
0.305	51550	4

Price($)

Vol.

No.

0.280

33768

0.285

3025

0.290

13791

0.300

48593

0.305

51550

(20min delay)
Last 27.0¢		Change -0.015(5.26%)		Mkt cap ! $96.19M

Open	High	Low	Value	Volume
30.0¢	30.0¢	27.0¢	$40.86K	144.3K


Last 27.5¢		Change -0.015 ( 3.51 %)
Open	High	Low	Volume
29.0¢	29.0¢	27.5¢	37581
Last updated 15.43pm 02/05/2024 ?

The ATO Audit the Country Club, page-15

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The ATO Audit the Country Club, page-15

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