News in brief…16 July 2026

ATO advice and guidance; PBO 2026-27 medium-term budget forecast sees improved fiscal position, debt and budget pressures pose risk; Consultation opens on administrative details of critical minerals tax incentives; ATO update: Key topics from June Pillar Two pre-lodgement information session; OECD releases working paper on MNE responses to global minimum tax

ATO advice and guidance The Australian Taxation Office (ATO) has released an updated decision impact statement on Commissioner of Taxation v Shaw [2026] FCA 197 and an updated practical compliance guideline on a simplified approach for calculating car fringe benefits. Practical compliance guideline – update PCG 2016/10 Fleet cars: simplified approach for calculating car fringe benefits This guideline outlines a simplified approach for calculating car fringe benefits that is expect...

Sign in below or register now to read the full article

Authors:

Published Date: 16 July 2026