Terry Hayes

Terry Hayes BBus FCPA CTA is a Senior Tax Writer at Thomson Reuters, who has worked in the tax profession for 40 years. A qualified accountant and tax agent, Terry worked in the Australian Taxation Office for 12 years, the last 6 in Canberra drafting tax legislation and explanatory materials. He then worked at PricewaterhouseCoopers as a Tax Manager in Sydney before moving into tax publishing as a tax writer. He has written across the spectrum of Australian tax laws and for many years has been in charge of producing the Thomson Reuters Australia tax news services. He is Editor-in-Chief of the Thomson Reuters Asia Tax and Trade Bulletin, Asia-Pac reporter for Thomson Reuters Checkpoint BEPS Global Currents, and Technical Editor of the Australian Financial Planning Handbook.

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Outstanding draft tax legislation adds to Government’s “to do” list

Outstanding draft tax legislation adds to Government’s “to do” list

Federal Parliament already has a lot on its tax legislation plate for 2018, and that will only be added to by the finalisation of draft tax legislation into Bills in Parliament. Currently, there is a backlog of important draft legislation awaiting finalisation, including: Controversial GST amendments proposing to give effect to the Government’s 2017-18 Budget […] … Read More

ATO corporate tax transparency report – looking beyond the raw data

ATO corporate tax transparency report – looking beyond the raw data

The ATO has published its corporate tax transparency report for 2015-16. The report includes: 1,693 Australian public and foreign-owned companies with an income of $100 million or more; and 350 Australian-owned resident private companies with an income of $200 million or more. ATO Deputy Commissioner, Jeremy Hirschhorn said the community should have confidence that the […] … Read More