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The Australian Treasury has launched a consultation on the tax consequences of the re-characterization of trading income derived through the use of stapled structures. Read Full Story
The Australian Government has introduced legislation to implement new tax breaks designed to encourage sensible risk-taking and investment in innovative companies. Read Full Story
The Minerals Council of Australia has called on the Government to pursue further trade liberalization through a range of bilateral and regional trading agreements. Read Full Story
The Australian Senate has passed legislation to introduce a diverted profits tax from July 1, 2017. Read Full Story
Australia and China have agreed to discuss the further liberalization of services and investment under their free trade agreement, and to update their double tax agreement. Read Full Story
The Australian Chamber of Commerce and Industry has called on Parliament to pass the Government's company tax cuts in full, and not just the small business portion of the proposals. Read Full Story
The Association of Superannuation Funds of Australia has called on the Government to better fund the tax office to audit business for unpaid superannuation entitlements. Read Full Story
Australian Treasurer Scott Morrison has said that the Government's proposed company tax cuts will be put to Parliament over the next two weeks. Read Full Story
The Australian Government will introduce a new tax exemption for superannuation funds and life insurance companies offering innovative income stream products. Read Full Story
Australia's Tax Commissioner has said he expects to receive the results of a review into December's system outages by the end of the month. Read Full Story
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