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Shareholders quiet but MYOB keeps gains from takeover news

Shareholders quiet but MYOB keeps gains from takeover news

by Shared by The Sydney Morning Herald | Oct 10, 2018 | News

The accounting software provider told investors on Monday it had received a $2.2 billion takeover offer from private equity firm KKR and Co at a price of $3.70 a share – a premium of 24 per cent on the previous Friday’s closing price.Read the full article...
Outgoing tax head calls for checks on ATO Commissioner’s power

Outgoing tax head calls for checks on ATO Commissioner’s power

by Shared by The Sydney Morning Herald | Oct 5, 2018 | News

In a valedictory speech to be delivered in Melbourne on Thursday night, the Inspector-General of Taxation, Ali Noroozi, also warns his agency is increasingly doing “more with less” in the face of rising complaints about the ATO, saying it needs a...
’Won’t make it better’: Small businesses say commission report ignores them

’Won’t make it better’: Small businesses say commission report ignores them

by Shared by The Sydney Morning Herald | Oct 3, 2018 | News

Commissioner Kenneth Hayne’s reflections on small business lending, released last week, indicated he hadn’t been shown compelling evidence to overhaul the legal frameworks governing small business loans.Read the full article at the Sydney Morning Herald.
Tax Office reputation takes a hit among online users

Tax Office reputation takes a hit among online users

by Shared by The Sydney Morning Herald | Sep 17, 2018 | News

The ATO’s own surveys show that satisfaction with its services declined in the 2018 financial year, with 71 per cent of people surveyed saying they were satisfied with ATO services – down 4 points from the year prior.Read the full article at the Sydney Morning...
Support for Coalition’s company tax cuts falls ahead of policy’s impending political death

Support for Coalition’s company tax cuts falls ahead of policy’s impending political death

by Shared by The Sydney Morning Herald | Aug 20, 2018 | News

The Coalition’s $35.6 billion bid to lower the tax rate for Australia’s biggest businesses heads the list of government legislation before the Senate on Monday, but is widely expected to be voted down by despite months of negotiations with an unconvinced...
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