Australia
Australia’s Department of Finance will also commission an independent review of KPMG’s governance, culture, ethics and integrity frameworks, it has revealed
The US multinational paid 20% more tax in 2025 than 2024, it said; in other news, more than 25,000 HMRC staff have been upskilled on AI
Australia’s government has also announced that it will implement the pillar two side-by-side agreement
Grant Thornton advanced plans to integrate its Australian firm into its US arm, as tax developments spanned law firm hires, aviation levies and digital services taxes
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Sponsored by DLA Piper AustraliaJun Au of DLA Piper Australia analyses a recent Full Federal Court decision on the Australian Taxation Office’s application of the general anti-avoidance rules, with the judgment also addressing dividend stripping and the taxation of financial arrangements
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Sponsored by DLA Piper AustraliaKelvin Yuen of DLA Piper Australia summarises proposed changes to the managed investment trust regime, the deferral of a mooted foreign resident capital gains tax measure, and increased funding for the Australian Taxation Office
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Sponsored by DLA Piper AustraliaEddie Ahn of DLA Piper Australia outlines the requirements under the recently enacted public country-by-country reporting regime and the criteria that build-to-rent projects need to fulfil to become eligible for new tax concessions
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