Yearly Archives: 2014

On 31 March 2014 Thomsons Lawyers and Herbert Geer merged their legal practices to form Thomson Geer.

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The Australian Government is developing a White Paper on the Competitiveness of the Agricultural Sector. Its intention is to provide policy directions for enhancing profitability and boosting agriculture’s contribution to economic growth, trade, innovation, productivity and regional communities.

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The evolution of the wheat industry in Australia is gathering pace. The Wheat Industry Advisory Taskforce, established last year to examine a range of issues across the wheat export supply chain, has released its second report entitled Grain Pools as Financial Products.

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In Australian Building Systems Pty Ltd (in liquidation) v Commissioner of Taxation [2014] FCA 116, Justice Logan was asked to clarify the circumstances where a capital gains tax liability will be imposed on liquidators by section 254 of the Income Tax Assessment Act 1936.

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Thomsons Lawyers is delighted to announce a merger with Herbert Geer. Under the merger the legal practice of Herbert Geer will become part of Thomsons and we will change our name to Thomson Geer.

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The Charities Act 2013 took effect on and from 1 January 2014. The Charities Act 2013 sets out the legal meaning of charity for the purposes of all Commonwealth laws. The government has also announced what tax changes relating to the NFP sector will and won't proceed

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Thomsons Lawyers' Brisbane office has advised global mining products supplier Austin Engineering Ltd (ASX:ANG) on a $190m debt and equity raising.

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Thomsons have acted on a transaction in which the client sold its Hong Kong operating entity and Dubai subsidiary. The transaction involved a divestment by the client of its shares in the Hong Kong entity to the existing management of the Dubai business. The sale price was AED30,000,000 (approximately A$9m).

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On Friday, 20 December 2013, the Queensland Court of Appeal delivered two significant decisions which provide some important changes to the application of the Building and Construction Industry Payments Act 2004 (Qld) (BCIP Act).

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