The extension of the ATO's passenger movements data-matching program reinforces the increasing role of data analytics in tax administration and compliance.
In this episode, we provide a high-level overview of Australia's transfer pricing compliance framework, including CbC Reporting, Transfer Pricing Documentation (TPD), the International Dealings Schedule (IDS), and Australian Public CbC Reporting.
The changes will fundamentally alter how FBT on employer-provided vehicles is managed, affecting fleet settings, employment policies, tax processes and documentation, as well as the amount of overall FBT payable.
This global webinar, held on Tuesday 21 July, unpacks the 2024 GIR filing experience and explore what comes next from both an operational and technical readiness perspective.
This report highlights shifts towards greater centralisation and outsourcing of compliance, the growing importance of VAT/ GST to the business, and the progressive expansion of the roles of indirect tax professionals.
This webinar, held on Wednesday 27 May, explores how KPMG’s collaboration with Microsoft can help you solve your greatest business challenges.
This KPMG International webinar, held on Thursday 26 March, explores clarifications brought by the revised OECD Commentary, as well as remaining unresolved tax issues relating to remote working.
Hayley Lock and Elite Woodhams Relocation Managing Director Anna Kavelj discuss how requests from employees have changed since COVID-19 when they move overseas.
Maxxia Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle share insights into how companies typically approach the management of employee benefits in salary packaging programs.
The focus areas continue to centre on areas requiring significant judgement including revenue recognition, asset valuation and provisions, as outlined by Kim Heng and Julie Locke.
KPMG has developed a publication which will assist preparers of financial reports to understand the issues being commented on by the IFRIC.
KPMG's Global CEO Outlook finds Australian CEOs outpace global peers in economic optimism as work-from-home outlook u-turns.
This KPMG International webinar, held on Wednesday 3 September, explores recent tax reporting developments globally and discuss potential strategies digital platform operators can adopt to navigate the evolving regulatory environment.
ATO Assistant Commissioner Rob Thomson shares with Ursula Lepporoli details on the working from home fixed rate changes and how these will affect tax returns.
This KPMG International webinar, held on Tuesday 15 July, will explore the outcome of the ‘One Big Beautiful Bill’ and its potential impact on those private clients outside of the United States.
Jacqui Hardwick and Catherine Ommundson explore the updates made to the supplementary annual GST return, including use of the GST analytical tool, and why the Australian Taxation Office is interested in companies' business processes and system changes.
The Payment Times Reporting Regulator released final guidance material in March, which entities will need to rely on for reporting periods beginning 1 July 2024.
It is anticipated that the additional disclosures relating to multiple tax residencies for entities may require substantial judgement and involvement of legal or tax specialists, as highlighted by Julie Locke and Zuzana Paulech.
This decision will provide greater clarity for existing groups of entities that may be considering a reorganisation, such as a ‘top hatting’ restructure or demerger, as detailed by Kristie Schubert, Matt Ervin, Shirley Lam, James Macky, Demos Deliyannis and William Ho.
KPMG's Stacey Biggar and Sam Gathercole are joined by Thomson Reuters' ONESOURCE FBT Solution Product and Proposition Manager Amesh De Silva as they discuss Fringe Benefits Tax (FBT) preparation processes and automation for Australian business.
An ATO private binding ruling illustrates why the terms of any employee incentive plans need to be carefully considered, including in relation to the deductibility of any payments made under the plan, as detailed by Stacey Hannam and Mitchell Bird.
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.
This webinar, held on Thursday 5 December, features guest speakers from the Australian Taxation Office on the Private Wealth Top 500 Program and Next 5000 Program.
This article provides insights into the income tax governance areas that attracted the ATO’s attention in the 2024 findings reports, as highlighted by Phil Beswick and Val Misiura.
Workforce and Innovation Partner Craig Robinson says businesses will need to effectively embrace artificial intelligence within their operations, as well as understand their ESG (environment, social, governance) and data reporting requirements.
