News in brief…13 March 2024

ATO advice and guidance; Labour market shows signs of stabilisation, vacancies fall to two-year low: ABS

ATO advice and guidance The Australian Taxation Office (ATO) released its latest advice and guidance on 13 March, which includes a draft taxation determination, decision impact statement, and product ruling. Draft taxation determination TD 2024/D1 Income tax:  hybrid mismatch rules − application of certain aspects of the ‘liable entity’ and ‘hybrid payer’ definitions This draft Determination will set out the Commissioner’s preliminary view on the application of certain aspects of t...

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Published Date: 13 March 2024