Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Legislative options for addressing phoenix activity?
There are a range of legislative options for addressing phoenix activity and the following legislative options were explored with stakeholders.
Garnishee Orders
The ATO has the power to issue garnishee orders which allow recovery of debts from a person's bank account, wage or from people who owe the debtor money. Legislative change could be introduced so that the FWO could garnish unpaid entitlements from bank accounts, wages and debtors. Stakeholders emphasised that this would be a significant expansion of the FWOs role.
Dual appointment of FWO Inspectors
An additional legislative option would be for FWO Inspectors to be appointed under the Tax Act and the Corporations Act giving them greater powers in their investigations. Stakeholders had significant reservations about the practicalities, viability and effectiveness of such an option.
Joint employment provisions
One option that was raised in consultation with stakeholders was the introduction of joint employment provisions, whereby both the employing entity and the entity that receives the labour are liable for employee expenses. Though some stakeholders were broadly supportive of such measures, others highlighted that this option would have significant implications for corporations law and sub-contract arrangements in Australia.
Spill over Effects of Monetary Policy There are three broad ways in which aggregate demand policies in one country can spillover to affect another country. These are the real i
Investigation of Company's Membership: Section (1) empowers the registrar to appoint one or more competent inspectors to investigate and report on the membership of any comp
Inflationary Bias Another potential problem with the coordination of monetary policy is that it can worsen the inflationary bias within each country. If the costs associated wi
Registered Office Clause: Section 5(1) (b) provides that the memorandum of association shall state that "the registered office of the company is to be
Describe in detail about the - policy makers Elections are used to choose the policy makers, it is not the only mechanism. Since the authority to make decisions may be vested i
Different ways through which States create International law There are different ways through which States create International law. International conventions mentioned under a
Principle of statutory provisions: Most of the cases in which the principle has actually been applied appear to fall within one of the following two classes:- 1. Where the
Limited Partnerships Through virtue of the Limited Partnerships Act, such the liability of certain partners that may be limited to a certain extent. Further the chief provisions
ALLOTMENT OF SHARES: An allotment, legally, is the company's acceptance of an offer to buy its shares. Thus we can say it is governed by the following rules of the common law
Raising Of Capital: In commercial parlance, the word 'capital' is generally used to denote the amount by which the assets of a business exceed its liabilities. Conversely, in
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd