With pre-budget submissions flowing into the Treasury from accounting and professional bodies, the institute has jumped on the bandwagon to propose a targeted reform agenda.
The Board of Taxation has launched a review into recent changes to thin capitalisation laws, and will investigate whether the rules are working as intended to curb profit shifting risks.
RSM has urged online service platforms to check whether they were caught by the ATO’s Sharing Economy Reporting Regime, warning that awareness was low and penalties were steep.
Many Australian expats are now making the move back home, or at least, starting to plan for it. While there are plenty of personal and financial considerations, tax planning should be near the top of the list.
BDO has provided more insights on the OECD’s updated side-by-side global minimum tax framework and its meaning for in-scope multinationals.
The OECD has doubled down on its call for a more efficient tax system in Australia following the release of its 2026 Economic Survey.
Analysing 2024–25 tax debt data, RSM tax experts have flagged sectors where ATO enforcement action may be imminent, and urged accountants to be prepared.
Industry experts are divided about Division 296’s treatment of franking credits, with some likening it to a “tax-on-tax” while others have said nothing is double-counted.
The ATO’s Serious Financial Crime Taskforce has published its latest results and reiterated its key focus areas in a recent update.
Fixing family trust elections, aligning company and trust tax rules and reducing trust settlement risks are among Pitcher Partner’s pitches to slash tax red tape.
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