Stewart Grieve, a partner of Corrs Chambers Westgarth in Melbourne, explains why the Federal Court of Australia’s ruling in the SPI PowerNet case highlights the uncertainty taxpayers face when applying the general deduction provision.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran