Tax

The ATO has celebrated a high level of compliance in its latest corporate tax transparency report, but warned compliance could slip if monitoring was pared back.

US lobbyists are pressuring the Trump administration to take action against Australia’s PCbCR tax transparency regime. A US coalition has countered this, arguing the regime should stay put.

As mixed opinions and viewpoints circulate around the Productivity Commission’s net cash flow tax proposal, the Institute of Public Accountants has revealed it will stand against it.

Property investors often focus on location, rent, and capital growth when seeking returns. However, many miss one of the most effective tax strategies: a tax depreciation schedule. This schedule allows residential property ...

The ATO raked in $4.5 billion in GST and income tax liabilities in 2024–25 from its compliance activities with public and multinational businesses.

The government has released the terms of reference for the Productivity Commission’s scheduled inquiry into GST revenue distribution.

Division 296 is expected to have "far more profound" tax implications than expected, a recent SMSF benchmark report has revealed.

Fresh ATO data on income tax and GST compliance has highlighted improvements in Australia’s largest corporations, but RSM says challenges remain.

The big four firm is reflecting on the impact and implications that CGT has on Australian family businesses as it hits the 40-year milestone.

Following the release of the Productivity Commission’s interim reports, the professional accounting body is pushing for key refinements to bolster the modernisation of the tax system.