Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Justified Trust: Has GST compliance taken us to the tipping point?

GST Streamline Assurance reviews, the latest addition to the ATO’s whole-of-tax compliance framework, is placing a heavy burden on corporate tax teams. We look at some of the recent developments and how the industry can be better equipped to deal with this latest wave of compliance changes ahead of the Corporate Tax Association's GST & Indirect Tax Intensive in October.

Justified Trust: Has GST compliance taken us to the tipping point?

Justified Trust: Has GST compliance taken us to the tipping point?

GST Streamline Assurance reviews, the latest addition to the ATO’s whole-of-tax compliance framework, is placing a heavy burden on corporate tax teams. We look at some of the recent developments and how the industry can be better equipped to deal with this latest wave of compliance changes ahead of the Corporate Tax Association's GST & Indirect Tax Intensive in October. … Read More

Navigating the International Tax World, Amidst Profound Change

Navigating the International Tax World, Amidst Profound Change

Bob Dylan famously sung in 1964 ‘the times they are changing’, albeit he wasn’t singing about the international tax world, however, he was right, times were and are always changing. Change is a constant in the world and in the international tax realm, change is inevitable and unavoidable. … Read More

BEPS: Making sure you get credit, not blame

BEPS: Making sure you get credit, not blame

If you’re working as the chief financial officer or running the tax team for a multinational company, you will have noticed a change in the climate. Around the world, a lot more people are interested in what you do. It’s suddenly not just the media and political junkies who care about multinational corporate taxes. Arguments […] … 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

Making BEPS Country-by-Country reporting (CbCR) implementation more manageable

Making BEPS Country-by-Country reporting (CbCR) implementation more manageable

For many businesses and their tax teams, BEPS CbCR is new, complex and challenging. But with the right planning and approach it can be effectively managed. In the two years since the release of the OECD’s Base Erosion and Profit Shifting (BEPS) plan, much has been written about how governments will implement it. Less has been written […] … Read More