by mitchell | Apr 6, 2016 | News
“The 2015 Federal budget made steps in the right direction with a 1.5 per cent corporate tax cut for incorporated small businesses. Unincorporated small businesses also receive a tax discount of 5 per cent up to a cap of $1,000,” said IPA CEO Andrew Conway.“Small...
by mitchell | Apr 5, 2016 | News
“Recently, the ATO received data in relation to a Panamanian law firm containing names of a significant number of Australian residents,” the Tax Office said in a statement. “We have identified over 800 individual taxpayers and we have now linked over...
by mitchell | Apr 4, 2016 | News
“In our view, based on the experiences of countries like the US, the associated compliance issues would be difficult and time-consuming,” said Denise Honey, a partner at Pitcher Partners.“We also query how much additional productivity would actually be generated...
by mitchell | Apr 1, 2016 | News
A record 523 respondents participated in the annual survey, which featured voices from around the country and spanned a variety of sectors and business sizes.According to BDO national tax director Lance Cunningham, multinational profit shifting was identified as the...
by mitchell | Mar 31, 2016 | News
Dr Michael Rafferty, an expert in taxation and Australian economic policy from the University of Sydney Business School, condemned the proposal.“The tax and spending structure of Australia’s national and state governments is in need of serious restructuring. But...
