A regular round-up of technical updates from recent weeks.  
 
 

• Tax: The Institute lodged an additional submission on the Inspector-General of Taxation’s review into the administration by the ATO of GST audits. Chartered Accountants tax bulletin 29 January 2007 edition 02 
  
• Tax: The Institute has sought improvements for the property funds management industry in a submission on Division 6B and 6C. Chartered Accountants tax bulletin 22 January 2007 edition 01 
  
• Tax: The Institute lodged a brief submission on the proposed renegotiation of the Australia/Japan tax treaty. Chartered Accountants tax bulletin 22 January 2007 edition 01 
  
• Tax: The Institute submitted a further submission on the changes announced to give effect to the FBT reporting exclusion for pooled or shared cars. Chartered Accountants tax bulletin 18 December 2006 edition 49 
  
• Tax: The Institute lodged a confidential submission on the proposed changes to tax preferred entities asset financing. Chartered Accountants tax bulletin 18 December 2006 edition 49 
  
• Financial reporting: In early January, the Institute, CPA Australia and the National Institute of Accountants lodged a joint submission to the Corporate and Financial Services Regulation Review - Proposals Paper. Accounting & audit news today 12 January 2007 edition 1 
  
• Financial reporting: News of the measurement phase of the IASB/FASB convergence project on conceptual framework Accounting & audit news today 25 January 2007 edition 3 
   
  For more information: 
  
  • The Institute: Accounting and auditing news today 
    
  • The Institute: Chartered Accountants tax bulletin 
    
  • The Institute: Retirement alert today
   
  Last updated: 1 February 2007