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	63051	24.5¢

No.

Vol.

Price($)

63051

24.5¢

Price($)	Vol.	No.
25.0¢	27785	14

Price($)

Vol.

No.

25.0¢

27785

No.	Vol.	Price($)
5	59432	0.245
16	294921	0.240
9	142647	0.235
17	207823	0.230
5	203050	0.225

No.

Vol.

Price($)

59432

0.245

294921

0.240

142647

0.235

207823

0.230

203050

0.225

Price($)	Vol.	No.
0.250	27785	14
0.255	5500	1
0.260	122765	5
0.265	40000	1
0.270	24144	2

Price($)

Vol.

No.

0.250

27785

0.255

5500

0.260

122765

0.265

40000

0.270

24144

(20min delay)
Last 24.5¢		Change -0.005(2.00%)		Mkt cap ! $85.7M

Open	High	Low	Value	Volume
25.0¢	25.5¢	24.5¢	$147.1K	595.1K


Last 24.5¢		Change -0.005 ( 1.88 %)
Open	High	Low	Volume
25.5¢	25.5¢	24.5¢	289574
Last updated 15.38pm 22/05/2024 ?

The ATO Audit the Country Club, page-15

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