Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Budget 2018-19: Mining the smart economy with a fresh take on R&D tax incentives
What’s on the menu for the 2018-19 Federal Budget?
ATO use of data in CbC reports

ATO use of data in CbC reports

Country-by-country (CbC) reporting is expected to be a “game changer” for the Australian Tax Office (ATO) and its corporate tax compliance activities. This makes it essential for corporate tax managers to understand how the data they provide in CbC reports may be used by the ATO for compliance purposes. While tax officials are generally very […] … Read More

Celebrating the rise and rise of Fintech Business Down Under

Celebrating the rise and rise of Fintech Business Down Under

With the 2018 Fintech Business Awards just a week away, as the Principal Partner, Thomson Reuters will be joining the industry to recognise and reward some of those behind the innovative products and solutions developed by Australia’s industry. … Read More

International tax complexity for Australian investments: a real-world example

International tax complexity for Australian investments: a real-world example

With a quarter of all foreign investment in Australia coming from the United States, it is important to consider the potential impact of the US tax reforms on inbound Australian investments. A recent court case has provided a real-world example of how US private equity investors can structure certain Australian investments to deliver “look through” treatment for the purposes of US tax law. … Read More

100% Pure BEPs: NZ responds to the OECD’s BEPs Action Plan

100% Pure BEPs: NZ responds to the OECD’s BEPs Action Plan

With the introduction of a new tax bill in New Zealand to counter multinationals’ BEPs activities, it is a good time to revisit Australia’s own BEPs progress. … Read More