On 28 November 2024, Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 passed all stages of parliament without amendment.
Latest Insights about International Tax
On 10 December 2024, the Pillar Two rules received royal assent in Australia.
Understanding the Recent Changes to Australia’s Thin Capitalisation Rules.
The introduction of the OECD’s Pillar Two signifies a significant shift in tax calculation & imposition, in an attempt to ensure a level playing field for businesses worldwide.
Foreign intellectual property in the ATO’s crosshairs.
Thinking of expanding into the US? Our International Tax team has done the hard work to guide you through the Australian & US tax laws.
The foreign hybrid rules can overcome the mismatch of unfavourable tax outcomes and significant compliance costs for business structures overseas.
In May 2023, ATO published a new practical compliance guideline in relation to the development, enhancement, protection and exploitation (DEMPE) of intangible assets.
Thinner' Capitalisation - new earnings-based test from 1 July 2023
In the October 2022 Federal Budget, the Federal Government announced chang