The Australian Board of Taxation has set up a consultation about how to make progress on proposals to redesign the tax system with the publication of the Post-implementation Review of the Tax Design Review Panel Recommendations discussion paper.
A report from the Australia Institute says that the most effective policies for reducing greenhouse gas emissions are revenue-raising; that is, rather than costing money, effective policies will actually increase revenue.
The Intra-European Organisation of Tax Administrations (IOTA) held a two-day workshop in Budapest commencing February 8, aimed at examining the challenges of litigation in tax matters.
Australian businesses with foreign operations will become more competitive and there will be greater investment from foreign-based companies setting up regional headquarters in Australia.
The Administrative Appeals Tribunal (AAT) in Brisbane has upheld the Commissioner of Taxation’s decision that the taxpayer was not entitled to a goods and services tax (GST) refund, having applied for the refund more than four years after the relevant tax periods.
