News in brief…28 February 2025

ATO advice and guidance; ATO update: Draft instrument consultation opens on requirement to lodge a return for 2025; OECD publishes Secretary-General report on international tax co-operation developments

ATO advice and guidance The Australian Taxation Office (ATO) released its latest advice and guidance on Friday 28 February, which includes a decision impact statement, law administration practice statement, and a draft taxation determination. Decision impact statement Mylan Australia Holding Pty Ltd v Commissioner of Taxation (No 2) [2024] FCA 253 This Decision impact statement outlines the ATO's response to this case which concerns the application of the general anti-avoidance ...

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Published Date: 28 February 2025