By: Keith Harvey
"With the recent release of Taxation Ruling TR 2006/2, Income Tax: deductibility of service fees paid to associated service entities: Philips arrangements, the Tax Commissioner has indicated that service entity arrangements are a focus of attention, in particular the deductibility of service fees paid to associated services entities".
The book "A Practical Guide to Service Entity Arrangements" by Keith Harvey is a comprehensive guide focused on the legal and regulatory aspects of service entity arrangements. Here is a detailed overview of the book:
The book is structured to provide a clear and practical understanding of service entity arrangements. It begins with an introduction to the concept of service entities and their relevance in modern business practices. The subsequent chapters delve into the tax implications, legal requirements, and best practices for setting up and managing these arrangements.
Chapter 1: Introduction to Service Entity Arrangements
Chapter 2-3: Tax Implications
Chapter 4-5: Legal Framework
Chapter 6-7: Practical Applications
While there is no specific critical reception available in the provided search results, the book's reputation can be inferred from its inclusion in a bibliography of reputable legal and tax publications. Keith Harvey is known for his expertise in taxation and property development, which suggests that "A Practical Guide to Service Entity Arrangements" would be a reliable and authoritative resource in its field.
"A Practical Guide to Service Entity Arrangements" by Keith Harvey is a valuable resource for professionals and businesses looking to understand and implement service entity arrangements effectively. It offers a comprehensive overview of the legal and tax aspects involved, making it an essential guide for anyone navigating the complexities of service entities in Australia.