Wolfy, are you sure they were "funnelling the club's revenue through the social club so as to avoid paying tax"? If so, how do you know this????

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A society grows great when old men plant trees whose shade they know they shall never sit in.

OK, I might be speculating, but if we're talking the alleged million dollars here, then we've been making a truck load of money through the pokies don't you think! Especially as St Kilda's bill is reportedly only $50k...

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If meat is murder then yoghurt must be burglary
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Move aside Kouta, Lance etc - you're holding us back... from entering the under 18s

So you are totally au fait with the tax and income arrangements of the other AFL clubs? Well I am not.

For example: What about the relationship between the MCC and MFC? Don’t know the detail but do you know the relationship between the MCC the MFC and the MCG Trust and how it affects their tax exposure? What about the “Red & Blueâ€

In other words you are making strong allegations against the Board with no detailed knowledge. Hmmmm........

I agree, however, as we have Bruce Mathieson (Mr Pokies) on the board, maybe we have more pokies than Saints, maybe we get a better cut from the pokies, maybe we have had them for a longer period, maybe our pokies are located in a better region for gaming than the Saints.

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A society grows great when old men plant trees whose shade they know they shall never sit in.

Which club's getting the bill?

You're right, it's a sweeping statement - but based on the facts reported today, we're the only club with massive tax bill based on this changed interpretation.

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If meat is murder then yoghurt must be burglary
GO YOU BIG RED FIRE ENGINE
Move aside Kouta, Lance etc - you're holding us back... from entering the under 18s

for reference:

ATO Draft Ruling, seems to be dated 2005.


Findings from the Cronulla case ATO legal database, 1990.

The decision seems to revolve around what is the main purpose of the Social Club: providing facilities and benefit for its members and guests; or the promotion of the sport and the football club.

Keep in mind that sporting CLubs are generally exempt from paying taxes., as they are generally non-profit in that their activities do not result in profit distribution to the members.

Thanks for that - especially the point regarding sporting Clubs and tax... did not think of that...

So does this mean that the way the SC was set up, was not for the purpose of tax minimisation (but maybe to protect JE's power structure, or to hide the numbers from the public or whatever) ? Anyone know?

mikkey wrote

No, we all speak crap remember.

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"We used to sit around and talk about how bad the game plan was." Anthony Koutoufides

mikkey, you could pay a consultant $500000 to answer your question and still not get there.

pretty sure you cant ever set antying up for a sole purpose of tax minimisation, it can be a joint purpose but the tax system is that complex and that highly structured that minimisation in itself is not allowed to be the goal.

i really wouldn't worry with the specifics.

what worries me more is the number of posters claiming to have experience in tax; surely that makes us the biggest bunch of loser dorkos ever?

ps although i did meet my wife on a tax conference...

Although elite sporting clubs would be handled differently wouldn't they? Wouldn't Carlton FC be a trading company?

I'm sure we've been paying some tax!

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If meat is murder then yoghurt must be burglary
GO YOU BIG RED FIRE ENGINE
Move aside Kouta, Lance etc - you're holding us back... from entering the under 18s

Thats right... how could I forget.... just have to re-read your posts to refresh my memory...

Stop it Mikkey I've got a stitch in my side that was so funny.

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"We used to sit around and talk about how bad the game plan was." Anthony Koutoufides

I believe we are in the same category as the 100 member Ski CLub of which I was Secretary for 17 years .... non -profit and not liable for income tax. If you look at those two links, that is what the whole argument is about.

I have no idea on the reasons for the complex Football Club/Social Club structure ... but I suspect it is for some kind of legal reasons, and most likely related to taxation. But that is just my guess, it's not my field.

Watching accountants argue is like watching people solve a problem you didn't know you had in a way you don't understand.

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molesy the reason why there are so many of us claiming to be expert on tax is cos Carlton has a huge amount of us wogs supporting it....

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Tax Liability? Can Caro be a bit more specific? Is it for PAYG withholding, FBT or GST?

Seems to me you are the rude one or you can not read.

I explained in my earlier post that
a) that my understanding was based on the way I have first hand seen tax issues being handled in business and how disputes with the ATO can occur.
b) that we do not know enough detail – but that the arrangement has been in place for a long time – so it seems to be down to a change in interpretation which happens in business tax issues a lot. So based on that I can not see how people can jump to conclusions about either the old Board under JE doing anything wrong or the new Board being at fault.
[quote]

Been away for a bit, but I think you'd better re-read my posts Mikkey. Apparently I conveyed detail on how I've been involved in negotiations directly with the ATO over penalties etc.
etc etc. Not too much about bagging anyone; blaming anyone: just some thoughts on the issue, when it occurred etc.

Get off your I know big business horse, you ain't the only rider in town

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This might sound extreme in the context of alleged sexual assault, drunken violence and a drug trafficking charge...