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Australia News - Business, Taxation & Offshore


ATO Keeping An Eye On Taxpayer Deductions

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 21, 2018

The Australian Taxation Office has said that it will be paying close attention to claims for "other" work-related expenses this year and urged taxpayers to keep appropriate records. Read Full Story


Australia Tightening Tax Consolidation Regime

by Mary Swire, Tax-News.com, Hong Kong

Thursday, February 15, 2018

The Australian Government is legislating to close loopholes in the tax consolidation regime.Read Full Story


Australia's Board Of Taxation Considers Bare Trusts Tax Reform

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 14, 2018

Australia's Board of Taxation has published the results of its review into the taxation of bare trusts.Read Full Story


Australia To Strengthen Multinational Anti-Avoidance Law

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 14, 2018

The Australian Government is to tighten its Multinational Anti-Avoidance Law to prevent the use of certain structures to circumvent the law's application. Read Full Story


Australia, Peru Sign Free Trade Agreement

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 14, 2018

Australia and Peru have signed a free trade agreement that will eliminate tariffs on 99 percent of Australian goods within five years of its entry into force. Read Full Story


Australia Adds To Diverted Profits Tax Guidance

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, February 13, 2018

The Australian Tax Office on February 7 released draft Practical Compliance Guideline 2018/D2 on the operation of Australia's Diverted Profits Tax for consultation.Read Full Story


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