Tax

Practitioners will need to be proactive to keep up with thin capitalisation legislation changes, BDO has warned.

Businesses often underestimate their eligibility for R&D tax incentives and miss out on the benefits, according to RSM.

Policy think tank the Grattan Institute has called for meaningful tax reform to address long-term budget challenges.

Income tax laws are set to be amended to ensure investors can continue to access concessional withholding tax rates through managed investment trusts.

The Tax Office will be targeting a number of high-profile tax avoidance risks for large and multinational public businesses this year.

The Commissioner of Taxation has filed a notice to appeal a decision concerning an FBT issue with a car parking facility.

Chief financial officers are re-evaluating their supply chains ahead of incoming tariffs and say they will pass the majority of costs onto customers, a survey has found.

The Federal Court has ruled in favour of the Toowoomba Regional Council in a case examining whether it was liable to pay fringe benefits tax for car parking.

The Greens have pledged to implement a big tech tax targeting large multinationals including Meta, Google, Microsoft and Amazon.

The professional body has said the government’s proposal to extend tax regulator secrecy exemptions could jeopardise the tax system’s integrity.