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($)
10	170003	24.5¢

No.

Vol.

Price($)

170003

24.5¢

Price($)	Vol.	No.
26.5¢	36365	2

Price($)

Vol.

No.

26.5¢

36365

No.	Vol.	Price($)
10	170003	0.245
15	371738	0.240
9	125579	0.235
14	93026	0.230
2	150000	0.225

No.

Vol.

Price($)

170003

0.245

371738

0.240

125579

0.235

93026

0.230

150000

0.225

Price($)	Vol.	No.
0.265	36365	2
0.270	39978	3
0.275	125377	4
0.280	31524	5
0.285	42704	3

Price($)

Vol.

No.

0.265

36365

0.270

39978

0.275

125377

0.280

31524

0.285

42704

(20min delay)
Last 25.0¢		Change 0.000(0.00%)		Mkt cap ! $87.44M

Open	High	Low	Value	Volume
25.0¢	27.5¢	24.5¢	$224.0K	873.1K


Last 25.5¢		Change 0.000 ( 0.83 %)
Open	High	Low	Volume
25.5¢	27.5¢	24.5¢	141920
Last updated 15.59pm 03/06/2024 ?

The ATO Audit the Country Club, page-15

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