Large employers are worried Australia’s corporate tax cut of one-and-a-half percentage points will be pushed back from its scheduled July 1 implementation date, prompting the Business Council of Australia (BCA), which is made up of the chief executive officers of the country’s 100 biggest companies, to call on the government to quickly move onto the issue of tax reform.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The climbdowns pave the way for a side-by-side deal to be concluded this week, as per the US Treasury secretary’s expectation; in other news, Taft added a 10-partner tax team
Foreign companies operating in Libya face source-based taxation even without a local presence. Multinationals must understand compliance obligations, withholding risks, and treaty relief to avoid costly surprises
Tax professionals are still going to be needed, but AI will make it easier than starting from zero, EY’s global tax disputes leader Luis Coronado tells ITR
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations