Australia Tax News

Russia Publishes Synthesized Text of Tax Treaty with Australia as Impacted by the BEPS MLI

7 October 2020

Australian Government appoints $3.6m to mandate e-invoice adoption

1 October 2020

Australia and Switzerland Sign MoU on Arbitration

30 September 2020

ATO Issues Notice on Extension of the JobKeeper Payment Scheme

25 September 2020

ATO Issues Large Business JobKeeper Compliance Update

18 September 2020

ATO Issues Notice Regarding Non-Compliance in Relation to Question on Hybrid Mismatches in International Dealings Schedule

17 September 2020

The Czech Republic Publishes Bulletin on Impact of BEPS MLI on Tax Treaty with Australia

16 September 2020

ATO Provides Update on CbC Lodgment Confirmation

14 September 2020

MoU on Exchange of Withholding Tax Information between Australia and Indonesia Signed

11 September 2020

Australia Enacts Legislation to Clarify the Operation of Hybrid Mismatch Rules

11 September 2020

Australia Publishes Quarterly General Interest Charge Rates and Shortfall Interest Charge Rates for First Half of 2020-21

10 September 2020

Australia Publishes Final Taxation Determination on Including Capital Gains when Calculating Foreign Income Tax Offset Limit

8 September 2020

ATO Publishes Guidance on Accelerated Depreciation Deduction for the 2019-20- and 2020-21-Income Years

4 September 2020

ATO Issues Taxpayer Alert on Multiple Entry Consolidated Groups Avoiding CGT

27 August 2020

ATO Issues Release on Corporate Tax Transparency Data

24 August 2020

ATO Publishes Guidance on COVID-19 Effects Regarding Central Management and Control and Permanent Establishment

20 August 2020

Australian Taxation Office issues compliance guidelines for outbound interest-free related party loans

19 August 2020

ATO Issues Taxpayer Alert on Arrangements Involving Interposed Offshore Entities to Avoid Interest Withholding Tax

19 August 2020

ATO Publishes Final Guidance on Thin Capitalisation Arm’s Length Debt Test

17 August 2020

ATO Publishes Draft Update of Guidelines on Cross-Border Related Party Financing Including Schedule on Interest-Free Loans

14 August 2020

Australia: Detailed analysis on final taxation ruling and guidance on the Australian thin capitalization arm’s-length debt test

14 August 2020

Australian Taxation Office issues final guidance on thin capitalization arm’s-length debt test and draft guidance on “outbound” interest-free loans

12 August 2020

ATO Updates Guidance on Residency and Source of Income for Individuals in Light of COVID-19

11 August 2020

Singapore Publishes Amendment Orders on Effect of BEPS MLI to Tax Treaties with Australia, Austria, Ireland, and Mauritius

7 August 2020

ATO Publishes Guidance on COVID-19 and Thin Capitalisation

6 August 2020

Australia Updates Transfer Pricing Legislation to Refer to Latest OECD Guidelines

31 July 2020

ATO Issues Draft Taxation Determination on Notional Deductions for R&D Activities Subsidized by JobKeeper Payments

30 July 2020

ATO Publishes Final Taxation Determination on the Meaning of Restructuring for Demerger Relief

28 July 2020

ATO Publishes Taxation Ruling on Effective Life of Depreciating Assets

24 July 2020

ATO Providing Ongoing Support for Large Businesses for COVID-19 Including Penalty Remission for Significant Global Entities

23 July 2020