AI Is Not a Thing Or Why Calling Everything “AI” Is Like Calling Every Fight “UFC” That’s UFC There is a certain kind of person who sees a boxing match, a judo throw, and a spinning back kick and says, with great confidence, “That’s UFC.” Anyone who has trained for...
This session continues last week’s discussion of Harvey v Harvey and s 106-5, and turns to the operation of partnerships as an income-splitting structure in a world where trust distributions are subject to a 30% minimum tax. With the Government’s recent...
Partnership Aspirations Dashed as Firm Introduces Additional “Pre-Partnership” Titles 12 May 2026 ISSUE NO. 25 HOBART- A boutique commercial law firm has introduced a new seniority classification immediately below partner, citing the need to recognise associate...
Last week we turned to consider s 106-5 of the ITAA 1997 and the question of what CGT event occurs when a partner contributes an asset to a partnership without transferring legal title, and how the resulting gain or loss is attributed between the partners....
ChatGPT for Lawyers: The Lawyer’s Dilemma in the Age of AI Another day, another prediction that Artificial Intelligence (“AI”) is going to replace lawyers. As a lawyer who has been building AI for nearly 10 years, it seems proper to comment. In summary, my view is...
Innovation in the professional services sector is often stifled not by lack of opportunity, but by the very nature of the professions themselves. In the tax domain, this challenge is particularly acute. Unlike software development or design, tax is not a skill one can...
