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ATO Publishes COVID-19 Frequently Asked Questions

03 April 2020

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Approved Changes

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Australia

The Australian Taxation Office (ATO) has published a new webpage, COVID-19 frequently asked questions. This includes answers to frequently asked questions for individuals, employers, payments and reporting, interest and penalties, international business, and other areas. The FAQ is dated 1 April 2020 and will be updated. With respect to international business, the questions and answers include the following: --- Central management and control (CM&C) Question: I run a foreign incorporated company that is not an Australian tax resident. I’ve needed to make alternative arrangements for board meetings because of travel restrictions. Does this mean the central management and control is...