The Australian Taxation Office (ATO) has announced updated guidelines to give foreign companies more certainty about the compliance approach for the central management and control test of residency. --- Central management and control test of residency Foreign companies now have greater certainty about when we might review their residency position under the central management and control test. Practical Compliance Guideline PCG 2018/9 Central management and control test of residency: identifying where a company's central management and control is located provides practical guidance to help foreign-incorporated companies apply the principles set out in TR 2018/5 Income tax: central management and control...