Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

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

Infographic: reach BEPS success

Infographic: reach BEPS success

A global Thomson Reuters survey has found low levels of confidence among tax executives about how prepared their systems and processes are for the new BEPS regime. With mistakes being costly, around $525,000 in fines costly, Australian businesses cannot risk a late lodgement to the ATO. Download the full infographic here and learn what best-practice BEPS […] … Read More

2017 – another big year in tax! Just look at what WTB covered

2017 – another big year in tax! Just look at what WTB covered

Tax professionals know that 2017 has been another big year in tax. Are there any other kind of tax years other than big ones, you might ask!  Clearly not! The proof of all of this comes from the Thomson Reuters Weekly Tax Bulletin: In 2017, WTB reported over 1,800 tax, superannuation and related developments. This includes […] … Read More

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

Another big week in tax esp for MNEs, says Weekly Tax Bulletin

Another big week in tax esp for MNEs, says Weekly Tax Bulletin

Just a few days before the 2016 Federal Budget, the tax writing team at Thomson Reuters has produced another bumper issue of Weekly Tax Bulletin (see below for details of the coverage). The team will also be in the Budget media lock-up to report the 2016 Federal Budget next Tuesday, 3 May 2016. Subscribers to Weekly Tax Bulletin will receive their […] … Read More