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

BEPS: Overcoming the obstacles to country-by-country reporting

BEPS: Overcoming the obstacles to country-by-country reporting

The new BEPS regime is tripping up tax executives globally – which could cost enterprises hundreds of thousands in penalty fees. Country-by-country reporting is a core element of the Base Erosion and Profit Shifting (BEPS) measures now being implemented for Australian multinationals. The first BEPS reports are due on 15 February 2018, and most Australian […] … 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