Money laundering was intended to catch large scale drug dealers, operators of crime syndicates and persons associated with these enterprises. Conveniently for the authorities it also has relevance to the area of tax crime including identity theft. Fraud or tax evasion has never had the reach the authorities want. Under the Crimes Act 1914 fraud was punishable for up to 20 years but under the Commonwealth Criminal Code 1995 it was dropped to 10 ye... Read More
Griffith University v Leiminer [2008]FMCA 1045 (28 July 2008) In Late July 2008 the Federal Magistrate’s Court for the first time ever fined an employee for failing to provide notice of resignation, although the magistrate questioned the employer’s actions in bringing the matter to Court. Griffith University had sued lecturer Michelle Leiminer for breaching Section 719(1) of the Workplace Relations Act by her having given seven weeks ... Read More
Generally taxes are all about income, deductions and substantiation. One of the areas where taxpayers are substantially at risk is record keeping and substantiation for claims made for deductions. Under section 262A of the Income Tax Assessment Act 1936 (the Act) a person carrying on a business is required to keep records that record and explain all transactions and other acts engaged in by the person that are relevant for any purpose of the Act.... Read More
Properly thought out and managed trademark license arrangements can be win-win opportunities for all parties, including the public. The document that goes a long way toward realizing this opportunity is the trademark license agreement. This agreement is a written contract in which the holder of a trademark (licensor) grants the revocable right to a second party (licensee) to use the holder’s trademark in exchange for royalty fees. Without t... Read More
Your credit report is your private financial information. This information is every bit as private as any private financial information you keep in a locked drawer in your home or office. You have an absolute right to keep it private. Your credit reports are maintained by various credit bureaus. The three largest and most famous credit bureaus are Transunion, Equifax and Experian. Unlike a locked drawer in your home or office, however, the only t... Read More
When a marriage is on the rocks, some couples are quick to call it quits while others hang on for several years hoping things will improve. Sometimes the situation does improve and couples are able to mend the wounds caused when things weren’t going well in the marriage. Other times, they were better off ending things instead of holding on for years when things didn’t improve. In either case, a marriage is a very personal thing and on... Read More
In today’s business world, confidentiality and non-disclosure agreements are becoming increasingly important for businesses looking to protect themselves from damaging leaks. Most employee contracts will contain some kind of confidentiality agreement as standard, but these kinds of agreements are very important if you share information with another company for any reason, or if you hire outside contractors to work for your business. You may... Read More
An engagement agreement is a written agreement in which two parties contract for the provision of goods and/or services. One party provides the good or service, the other party receives and pays for it. Exactly who, what, when, where, and why are all matters left to the parties. Not to sound too nebulous, there are in fact guidelines and even rules. But the engagement agreement is very much a creature of the parties’ design. One can be excu... Read More
This article will cover the key provisions of an agreement to distribute filmed entertainment, usually made between a producer or licensor (”Producer”) of a motion picture and a distributor (”Distributor”). These agreements are critical to the process of filmmaking; without them, films would not be viewed by the public. 1) Picture This provision covers the specifications of the film to be delivered by the producer to the d... Read More
It is tough to comprehend with the suffering and pain of personal injury victims for those who haven’t gone through similar situations. Unless it happens to ourselves or someone close, we cannot feel the anguish of a personal injury victim. No word can describe it. And all happens due to the carelessness or negligence of a third person. Whether it is medical malpractice, slip and fall accident, car accident, dog bite or product liability &n... Read More
