Tax & Accounting Blog

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TAX AND ACCOUNTING PROFESSIONALS

Cuts to individual tax rates a likely Federal Budget centerpiece. But at what cost?

Cuts to individual tax rates a likely Federal Budget centerpiece. But at what cost?

Personal tax cuts are shaping up as a likely Federal Budget centrepiece, but the question of how exactly they'll be funded is still anyone's guess. Terry Hayes, Tax Consultant to Thomson Reuters, looks beyond the simple revenue loss equation to understand why they could be a 2018-19 budget certainty, despite the finance question. … Read More

Dynamic Duos: The Future of Tax and Accounting

Dynamic Duos: The Future of Tax and Accounting

Almost half of Australian executives and a quarter of CEOs predict that their businesses will be significantly transformed in the next 3 years, either through adapting to new technologies or offering new products or services[1]. However, enterprise transformation is a challenging and iterative exercise. Acquisitions have been the preferred way to pivot into new markets, […] … Read More

Thomson Reuters and Deloitte Join Forces to Automate Financial Reporting and Compliance for Australian Corporations

Thomson Reuters and Deloitte Join Forces to Automate Financial Reporting and Compliance for Australian Corporations

A recent survey of 977 Finance professionals around the world found only 3% of respondents sleep soundly. The majority are mired in worry around how systems and processes can keep pace with the rate of change in the business[i]. But can Australian multi-national corporations now breathe a sigh of relief? Thomson Reuters has today unveiled […] … Read More

The Transparency Imperative

The Transparency Imperative

At a time when many governments are grappling with significant budget deficits, tax planning strategies that rely on cross border profit shifting have drawn the scrutiny of global regulators and taxation agencies. Following initial reports from the OECD working party on Base Erosion and Profit Shifting, the taxation obligation of multinational corporations has become headline […] … Read More