Changes ahead for NSW state taxation as Government introduces legislation

As outlined by Sarah Shaw and Jacqueline Wood, the legislation seeks to introduce various reforms across NSW state taxes, including the introduction of state penalties for breaches of confidential tax information.

The New South Wales (NSW) Government on 1 August 2023, introduced the Revenue, Fines and Other Legislation Amendment Bill 2023 (NSW) (Bill). The Bill seeks to introduce various reforms across NSW state taxes, including the introduction of state penalties for breaches of confidential tax information. In addition, some of the key duties and taxation administration proposed measures include: broadening the operation of the transfer duty aggregation provisions; deeming a division (foreign c...

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Authors: Sarah Shaw, Jacqueline Wood,

Published Date: 07 August 2023