Insights
Summer
edition
of
Clarity
out
now
Insights
On 23 December 2024, the Australian Taxation Office (ATO) introduced a new local file schema and finalised instructions for reporting periods beginning on or after 1 January 2024, marking significant changes for the 2025 income year. What's new? The ATO's new local file schema aims to gather more detailed and...
Becky Nguyen
Partner
Melbourne
Insights
The Australian Taxation Office (ATO) recently released its sixth findings report, providing key insights into its Top 1000 Combined Assurance Review (CAR) program, particularly focusing on transfer pricing and related areas. Introduced in 2020, the CAR program targets the top 1,000 Australian taxpayers to ensure compliance with taxation laws across...
Becky Nguyen
Partner
Melbourne
Insights
The latest edition of the PKF Worldwide Tax Update newsletter is now available. This issue highlights significant tax changes and amendments from around the globe, with each topic complemented by expert insights from PKF tax advisors. PKF Australia's contribution to this newsletter was authored by Becky Nguyen from PKF Melbourne....
Becky Nguyen
Partner
Melbourne
Insights
随着全球税务透明度的提高以及各国税务机关对跨境交易的监管日趋严格，跨国企业正面临前所未有的合规挑战。
2 contributors
Melbourne
Insights
On 22 August 2024, the Australian House of Representatives passed a new law that introduces a 15% global minimum tax and a domestic minimum tax for large multinational companies with yearly global revenues over €750 million. This move follows the Australian Government's 2023-2024 Budget plan, which included adopting the OECD/G20...
Becky Nguyen
Partner
Melbourne
Insights
As of 8 April 2024, the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024 has officially been enacted. This landmark legislation introduces major reforms to Australia’s Thin Capitalisation regime, which will apply to income years commencing on or after 1 July 2023. In...
3 contributors
Melbourne