Tax

The finalised tax determination warns that Part IVA may apply to circular financing arrangements that seek to exploit the early-stage investor tax offset.

Manufacturing firms frequently miss out on research and development tax incentives due to misconceptions surrounding the scheme, RSM has said.

Treasurer Jim Chalmers has hit back at critics of the Division 296 super tax changes, saying it shows

The High Court has granted the Commissioner of Taxation special leave to appeal the Bendel decision, which challenged the ATO’s longstanding views on unpaid present entitlements.

The Tax Institute is calling on the government to make crucial reforms to support a stronger and fairer tax and superannuation system.

The Federal Court has allowed an appeal by the Commissioner in a decision examining whether fringe benefits tax applied to directors of a corporate trustee.

Independent senator David Pocock has slammed the petroleum resource rent tax as government figures show a $4 billion revenue downgrade over the four years from 2023–24.

Tax agents impacted by the NSW floods will now have until 26 June to make lodgments for their clients.

The ATO has released its long-awaited draft guidance on transfer pricing risk, with consultation on the new guidance open until 30 June.

The Commissioner of Taxation has shared some of the ethical and security challenges faced by the ATO in driving digitisation within the tax system.