We explain what must be disclosed under Australian Public Country-by-Country Reporting (Public CbCR) and why it should not be viewed as simply a public version of the OECD CbC report.
In our new Australian Transfer Pricing in 4 Minutes video series, we discuss key Australian transfer pricing concepts and compliance requirements in a practical, easy-to-follow format for businesses operating in Australia.
Across the 2026–27 budgets, jurisdictions have generally prioritised targeted relief and housing-related measures over broad-based tax reform, as highlighted by Cullen Smythe, Rouein Momen and Angus Young.
Hayley Lock and Nick Cooke discuss on premises benefit, from gift cards and minor perks, both New Zealand and Australia offer FBT exemptions, but applying them correctly often proves more complex than expected.
KPMG Senior Manager Ali Hookmani looks at how FBT works for not-for-profit organisations, including exemption and rebate categories, employee capping rules, and why accurate classification and tracking of benefits is critical.
This report by KPMG US provides analysis and observations on the Revisions to Chapter VII and high-level summaries of the 21 examples.
Payday Super will fundamentally change cashflow for high-income employees on total remuneration packages, frontloading super contributions and reshaping take-home pay across the year, as highlighted by Andy Larmour, Kyle Ann Walsh and Sam Gathercole.
Alex Patrick, Aylin Harapoz and Wendy Sampurna consider the Ombudsman’s general interest charge report and the ATO’s response.
The guidance clarifies the UK administrator’s expectations for compliance with the UK transfer pricing rules and provides practical steps that taxpayers can take to meet these expectations.
Kristie Schubert and Sam van Berkel discuss the fast-shifting MAP landscape, including changes to Australia’s tax treaties and how these have elevated MAPs as an effective and realistic way of moving on from disputes.
KPMG UK has provided a detailed summary of the key tax measures announced in the UK Government’s Autumn Budget.
Maxxia Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle - outline why cost and compliance of employee benefits and salary packaging are typically misunderstood.
This episode features special guests from Maxxia - Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle - as they discuss the value of outsourcing the administration of a salary packaging program as opposed to managing in-house.
The United States’ economy is powering forward, aided by a boom in AI, or arms race, as many in Washington see it, without generating many jobs, writes KPMG US Chief Economist Diane Swonk.
The ATO continues to focus on a number of concerns that are related to amounts reportable on the annual withholding report, as highlighted by Julian Humphrey and Amanda Maguire.
Labour demand and labour supply are both declining at the same time in the US, with firms cautious about hiring, as discussed by KPMG US Senior Economist Matthew Nestler.
Merriden Varrall and Jon Berry outline how global populism is reshaping trade and highlight strategies for Australian businesses to stay resilient amid change.
The South Australian Budget 2025-2026 does not introduce any new taxation measures and continues to implement measures to promote cost of living relief and housing affordability, as discussed by Candice Wong, Varun Iyer and Joshua Harrison.
KPMG Workplace Advisory Partner Hayley Lock discusses the recent Federal Court judgement for car parking fringe benefits and commercial parking stations.
US trade with China has hit a wall with the imposition of prohibitively high tariffs, which is taking a toll on shipping and related jobs, writes KPMG US Chief Economist Diane Swonk.
KPMG's Stacey Biggar discusses the main issues organisations raise during FBT season, from data collection to documentation requirements.
The Fed is in full wait-and-see mode and in no hurry to cut rates, something that financial markets have not fully absorbed, writes KPMG US Chief Economist Diane Swonk.
The focus of the European Commission seems to be on simplifying existing EU tax legislation and on reducing the administrative burden, as outlined by Raluca Enache and Marco Dietrich from KPMG’s EU Tax Centre.
Assuming core inflation continues to fall over the coming months, we believe that the RBA will be in a position to cut rates in May, with April a possibility, writes KPMG Australia Chief Economist Brendan Rynne.
ASIC’s 31 December 2024 focus areas continue to centre on financial reporting elements requiring most judgement and making the most use of estimates.
This report contains general purpose financial statements illustrating financial reporting requirements in Australia.
We still expect the Fed to cut rates again in December and then move to every other meeting in 2025, writes KPMG Chief Economist Diane Swonk.
