Australia Tax News

Australia Issues Draft Legislation Allowing Taxpayers to Self-assess Effective Life of Certain Intangible Assets for Depreciation Purposes

5 April 2016

Australian Prime Minister Proposes State Personal Income Tax

1 April 2016

Australian Small Business Restructuring Roll-over Bill Receives Royal Assent

29 March 2016

Australia Enacts Legislation to Implement Common Reporting Standard for the Automatic Exchange of Financial Account Information

24 March 2016

Australian Taxation Office Reminds Taxpayers to Provide Notification if Arrangements within Scope of New Anti-Avoidance Law

18 March 2016

Increased Penalties Proposed in Australia for Failure to Submit CbC Reports

29 February 2016

Australian Parliament Passes Legislation on Capital Gains Tax Treatment of Earnout Rights and CGT Withholding Obligations

25 February 2016

Australian Treasurer Announces New Tax Compliance Requirements for Investments in Australia

24 February 2016

Australia Launches Public Consultation on Implementation of Transfer Pricing Guidelines under Actions 8-10 of the OECD BEPS Project

12 February 2016

Legislation on Australia's GST Treatment of Cross-Border Transactions Submitted to Parliament

11 February 2016

Trans-Pacific Partnership Agreement Signed

11 February 2016

Australian Small Business Restructuring Roll-over Bill Introduced in House of Representatives

9 February 2016

Tax Treaty between Australia and Hong Kong to be Negotiated

3 February 2016

OECD Announces that 31 Countries have Signed Multilateral Agreement for the Exchange of CbC Reports

28 January 2016

SSA between Australia and India has Entered into Force

5 January 2016

Australia issues Guideline on New CbC Reporting and Transfer Pricing Documentation Requirements

22 December 2015

Australian Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 Receives Royal Assent

16 December 2015

Australian Parliament Passes Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 including CbC Reporting

8 December 2015

Australian Tax Board Issues Discussion Paper on Hybrid Mismatch Rules for Public Comment

25 November 2015

Tax Treaty between Australia and Germany Signed

17 November 2015

Australian Senate Committee Publishes Report on the Combating Multinational Tax Avoidance Bill including New Anti-Avoidance Rules and CbC Reporting

13 November 2015

OECD Holds Inaugural Meeting for the BEPS Multilateral Instrument

12 November 2015

Australia Launches Public Consultation on GST Treatment of Cross-Border Transactions

9 October 2015

OECD Publishes Final BEPS Package

6 October 2015

New MoU on Automatic Exchange of Information Signed between Australia and the Netherlands

1 October 2015

Australia Publishes Draft Bill to Implement Common Reporting Standard for the Automatic Exchange of Financial Account Information

21 September 2015

SSA between Australia and Estonia Signed

21 September 2015

Australia Introduces Combating Multinational Tax Avoidance Bill including New Anti-Avoidance Rules and CbC Reporting

17 September 2015

Australia Decides Not to Implement Bank Deposit Tax

3 September 2015

New SSA between Australia and Austria Signed

1 September 2015