Her areas of focus include the OECD’s Base Erosion and Profit Shifting (BEPS) reforms and tax transformation and technology.
Alia has previously worked in KPMG’s London and Singapore offices, and has been a partner with the firm since 2012.
The introduction of the Innovative Business CGT Concession would be a means of encouraging early investment in innovative activity.
With the sad passing of Grant Wardell-Johnson this month, we reflect on his huge contribution to society and the tax profession.
Proposed CGT reforms add significant complexity and, by mandating how capital losses must be applied, effectively dilute the value of the CGT discount for pre 30 June 2027 gains, as highlighted by Julian Humphrey, Alia Lum, Brent Murphy and Amanda Maguire.
The first tranche of the Federal Government’s tax reforms, including replacing the CGT discount with indexation, introducing a minimum tax on capital gains and restricting negative gearing for residential property.
This review is essential to independently determining whether the rules operate and produce outcomes in line with their intended policy objectives.
This article continues our series, including discussion on how the transition from the CGT discount to indexation will be implemented.
What to look out for in terms of how Treasury has implemented the principles set out in the Budget night ‘Tax Explainers’.
With the legislation expected to be introduced to Parliament in the next two weeks, we will see the mechanism chosen by Treasury to effect this change, as highlighted by Julian Humphrey, Brent Murphy, Alia Lum and Amanda Maguire.
This webinar, held on Wednesday 13 May, features analysis of the 2026 Australian Federal Budget.
From a multinational tax perspective, the measures reinforce a continued alignment with global reform settings, and a more targeted approach to taxing economic activity connected to Australia.
These new developments should serve as a call to action, given the first Pillar Two filings are due soon, as highlighted by Alia Lum and Amanda Maguire.
The filing exemptions provided by the ATO are reasonable overall, given the approach of the ATO to only provide an exemption in circumstances where there can never be a top-up tax liability, as detailed by Alia Lum and Amanda Maguire.
The final recommendations are largely consistent with the Productivity Commission’s interim report, including that Australia shift to a hybrid corporate tax system, as outlined by Alia Lum, Julian Humphrey and Amanda Maguire.
The 88-page side-by-side package of documents modifies key elements of the Pillar Two global minimum tax framework.
This KPMG International webinar, held on 14 January, explores the implications of recent developments in relation to the Pillar Two side-by-side approach.
The submission to the Board of Taxation highlights key areas where current administrative and compliance requirements impose unnecessary complexity and cost on taxpayers, without delivering commensurate benefits.
The release of the ATO’s sample combined return form is helpful for taxpayers to understand the format and level of detail that will be required for Australian Pillar Two tax filing purposes and should support the finalisation of compliance plans.
In-scope multinational groups need to establish a clear process to track and ensure the timely filing of all returns and notices, as detailed by Alia Lum and Amanda Maguire.
KPMG’s submission in response to the Productivity Commission’s report on creating a more dynamic and resilient economy.
The draft legislative instrument sets out the circumstances where entities that are subject to Pillar Two are exempt from filing related returns, as highlighted by Alia Lum and Amanda Maguire.
KPMG explores how Australia's tax system could be used to support and incentivise Individualised Living Arrangements for live-in carers.
As highlighted by Alia Lum, Amanda Maguire and Debbieann Silcocks, the guidance outlines the Pillar Two lodgement requirements and seeks to implement the OECD’s transitional penalty relief. Also released is an update to guidance on private binding rulings as they relate to Pillar Two matters.
KPMG’s submission to the Productivity Commission explores the ‘support business investment through corporate tax reform’ policy reform area.
The ATO has released key messages from the March and April 2025 working group meetings, as summarised by Alia Lum and Amanda Maguire.
The Labor Party made some tax-related election commitments which we expect the Federal Government will start to implement in 2025, as outlined by Alia Lum and Amanda Maguire.
This submission builds on KPMG’s past contribution, with eight recommendations to the payday super regime, including recommending that legislation should be fair in regard to employers who genuinely demonstrate efforts to comply with their SG obligations.
As both major Australian political parties announce some new tax policies ahead of the election, several tax bills introduced in the previous term have now lapsed, as outlined by Alia Lum and Amanda Maguire.
This virtual event, held on Wednesday 26 March, explores topics from personal and business tax., to banking, infrastructure, health, and climate change.
With an emphasis on cost of living and other pre-election priorities, unsurprisingly, multinational tax measures are not the focus of this Budget.
This article explores how MNEs can seize global opportunities by implementing strategic tax responses and business restructurings that are fit for the evolving landscape shaped by Pillar Two.
With the registration of the Pillar Two subordinate legislation on 23 December 2024, the full package of legislation implementing the Pillar Two Global Anti-Base Erosion (GloBE) rules in Australia now has legal effect. This may trigger new current tax disclosures for financial statements.
In the second part of our future of tax policy series, Alia Lum discusses with David Bradbury the United Nations' efforts to scale up international tax cooperation and the challenges of tax reform here in Australia.
Additional administrative guidance under the Pillar Two rules has been released in January, including several developments aimed at streamlining the administration of the global minimum tax.
Although the Federal Government’s MYEFO did not include any major tax reforms, several tax measures were announced, as outlined by Alia Lum and Amanda Maguire.
The legislation to implement mandatory public disclosures of country-by-country tax information for multinational groups has been enacted, as outlined by Phil Beswick, Alia Lum, Tim Keeling, Sean Madden and Amanda Maguire.
With the Australian legislation introducing new mandatory public tax transparency reporting having passed Federal Parliament, organisations will need to consider appropriate actions to respond to the new requirements, as outlined by Phil Beswick, Alia Lum, Tim Keeling, Sean Madden and Katryne Chia.
This webinar, held on Wednesday 4 December, features KPMG Pillar Two subject matter experts from across our Asia Pacific tax practices, who will set out the latest developments with their local rule implementation.
KPMG Australia Tax Policy Lead Alia Lum speaks with the former Deputy Director for the OECD Centre for Tax Policy and Administration - turned KPMG Consulting Partner - David Bradbury, as they discuss the OECD/G20 Inclusive Framework's efforts in developing a global tax agreement among member countries and what the future may hold for BEPS 2.0.
Alia Lum and Amanda Maguire outline recent tax legislative developments and look ahead to 2025.
The legislation to implement mandatory public disclosures of country-by-country tax information for multinational groups has been passed by the Australian Parliament.
KPMG’s report into gender equality in the workplace analyses why mothers and primary carers continue to face disincentives to work.
This webinar, to be held on Wednesday 20 November, will include an in-depth discussion on recent tax developments in the United States (US) and on BEPS 2.0.
While the Australian Government says it has signed a Statement of Support for the STTR, it is not yet clear whether (and if) Australia intends to give effect to the STTR, as outlined by Alia Lum and Amanda Maguire.
This webinar, to be held on Tuesday 1 October, will provide an update on all the elements of the BEPS 2.0 project, including Amounts A and B, GloBE and the Paris meeting on the Subject to Tax Rule.
KPMG has lodged a submission to the Senate Economics Legislation Committee regarding the proposed tax offset, which builds on a concept originally developed by Foodbank Australia and modelled by KPMG.
KPMG’s submission provides an analysis of Treasury’ consultation paper on proposed changes to the foreign resident capital gains tax (CGT) rules.
Alia Lum, Georgie Aley, Amanda Maguire and Jacqui Payne provide an overview of the proposed tax offset under current drafting of the rules.
