Tax & Accounting Blog

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TAX AND ACCOUNTING PROFESSIONALS

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

March 6, 2018

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.

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

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

Why Top CFOs Are Transforming Statutory Reporting With Technology

Why Top CFOs Are Transforming Statutory Reporting With Technology

As global regulators seek to minimize corporate tax avoidance and increase transparency among multinational enterprises, the role of the tax, accounting and finance department has been elevated to new heights. … Read More

ONESOURCE Global Tax for SAP Ariba Solutions: the partnership making procurement awesome

ONESOURCE Global Tax for SAP Ariba Solutions: the partnership making procurement awesome

The last 30 years have seen the Australian economy make a steady departure from manufacturing and open up to international trade. Procurement and supply chain consultants have been central to this market evolution – providing advice to companies on new technology, sourcing goods from new countries and improving internal procedures. As a result, the industry […] … Read More

BEPs and borders: How to tax the digital economy?

BEPs and borders: How to tax the digital economy?

BEPS implementation is now well underway. The cbC December deadline looms and the ATO steps up its scrutiny of the corporate world. It would seem that global tax reform is unstoppable. Yet one of the international community’s biggest taxation concerns –  the digital economy – remains unresolved. At the IFA Congress in Rio de Janeiro […] … Read More