Implications from this case could potentially be broader than just 109D(3), with the decision leaving open the application of other provisions which deal with payments, loans and debt forgiveness made by trustees to a shareholder or an associate, as discussed by Brent Murphy, Kristie Schubert, Scott Farrell and Josh Cardwell.
The strength of the labour market has been somewhat surprising given the weakness in the economy, particularly the private sector, writes KPMG Economist Michael Malakellis.
The decline in growth reflects the slowing economy, although with CPI down to 2.4 percent, the figures at least represent modest real wage growth, writes Terry Rawnsley.
The focus of the European Commission seems to be on simplifying existing EU tax legislation and on reducing the administrative burden, as outlined by Raluca Enache and Marco Dietrich from KPMG’s EU Tax Centre.
Inflation is trending down, but it is extremely difficult to get a good read on where inflation is tracking now and whether it will be sustainably inside the RBA’s target range, writes Michael Malakellis.
In this series of four articles, the Australia Geopolitics Hub analyses how President Trump’s policies could reshape the geopolitical map and ask what that means for Australia and Australian businesses.
This report relates to the finalisation of the assurance phasing model and proposed amendments by the Federal Government to extend the modified liability setting to voluntary sustainability reports under certain circumstances.
KPMG Workforce Advisory Partner Hayley Lock, along with Manager Dihan Fernando, Consultant Tayla MacNair and Vacationer Andre Mascarenhas, discusses student and graduate career opportunities in tax in a professional services firm.
KPMG Workforce Advisory Partner Hayley Lock discusses the ways graduates can make the most of their time working at KPMG and other professional services firms.
This report relates to the finalisation of the assurance phasing model and proposed amendments by the Federal Government to extend the modified liability setting to voluntary sustainability reports under certain circumstances.
Assuming core inflation continues to fall over the coming months, we believe that the RBA will be in a position to cut rates in May, with April a possibility, writes KPMG Australia Chief Economist Brendan Rynne.
The legislation to implement mandatory public disclosures of country-by-country tax information for multinational groups has been enacted, as outlined by Phil Beswick, Alia Lum, Tim Keeling, Sean Madden and Amanda Maguire.
Although the Federal Government’s MYEFO did not include any major tax reforms, several tax measures were announced, as outlined by Alia Lum and Amanda Maguire.
This webinar, held on Wednesday 11 December 2024, focuses on BEPS 2.0 in the EU, tax incentives, tax transparency and the key EU direct tax initiatives.
Taxpayers that are considering undertaking restructures or refinances in relation to debt, should review the guidance against their own circumstances to identify the risk that the ATO will seek to apply the anti-avoidance provisions, as outlined by Stephen Carpenter, Katrina Piva, Josh Cardwell, Matt Ervin and Amanda Maguire.
As detailed by Stephen Carpenter, Hannah Hesse, Stacey Hannam and Tom Beddoe, care needs to be taken with the new provisions in relation to franking credits when there has been or will be a capital raise.
As outlined by Sarah Shaw, the Victorian Government has introduced several state taxation measures, some of which have now commenced from October 2024.
The strength of the labour market has been somewhat surprising given the weakness in the economy, particularly the private sector, writes KPMG Economist Michael Malakellis.
The decline in growth reflects the slowing economy, although with CPI down to 2.4 percent, the figures at least represent modest real wage growth, writes Terry Rawnsley.
Inflation is trending down, but it is extremely difficult to get a good read on where inflation is tracking now and whether it will be sustainably inside the RBA’s target range, writes Michael Malakellis.
The weak January report suggests that the health of consumer spending, which carried the US economy to robust growth last year, will bear close watching in the months ahead, writes KPMG Senior Advisor Chris Varvares.
KPMG Workforce Advisory Partner Hayley Lock discusses the ways graduates can make the most of their time working at KPMG and other professional services firms.
KPMG Workforce Advisory Partner Hayley Lock, along with Manager Dihan Fernando, Consultant Tayla MacNair and Vacationer Andre Mascarenhas, discusses student and graduate career opportunities in tax in a professional services firm.
This report presents an overview of selected key findings and offers informative insights for global mobility professionals on the future evolution of the function.
Although the Federal Government’s MYEFO did not include any major tax reforms, several tax measures were announced, as outlined by Alia Lum and Amanda Maguire.
This decision was insightful as it sets out a number of details found, by the Federal Court of Australia, to be a ‘tax exploitation scheme’, as detailed by Mukul Relan, David Vuong, Melissa Bader, and Georgia King-Siem.
This webinar, to be held on Wednesday 4 December 2024, will feature a panel of KPMG Global Mobility professionals who will share the results and trends from the newly released report.
Director Catherine Ommundson discusses what Top 100 and Top 1,000 taxpayers can do to prepare for the Australian Taxation Office's (ATO) new supplementary annual reporting requirement.
Indirect Tax Partner Jacqui Hardwick discusses the Australian Taxation Office's new supplementary annual reporting requirement for Top 100 and Top 1,000 taxpayers.
Jacqui Hardwick and Catherine Ommundson discuss the Australian Taxation Office's (ATO) new supplementary annual reporting requirement for Top 100 and Top 1,000 taxpayers and what guidance is available to assist organisations to comply.
As outlined by Sarah Shaw, the Victorian Government has introduced several state taxation measures, some of which have now commenced from October 2024.
The focus of the European Commission seems to be on simplifying existing EU tax legislation and on reducing the administrative burden, as outlined by Raluca Enache and Marco Dietrich from KPMG’s EU Tax Centre.
This webinar, held on 12 February 2025, provides information for companies navigating the complexities of tariffs, transfer pricing, and supply chain planning across North America.
This report presents an overview of selected key findings and offers informative insights for global mobility professionals on the future evolution of the function.
This webinar, to be held on Thursday 19 December 2024, will delve beneath the headlines and explore the implications of these developments and address the concerns businesses may have in the new trade environment we are entering.
Implications from this case could potentially be broader than just 109D(3), with the decision leaving open the application of other provisions which deal with payments, loans and debt forgiveness made by trustees to a shareholder or an associate, as discussed by Brent Murphy, Kristie Schubert, Scott Farrell and Josh Cardwell.
The latest video in our series features key observations from Glen Hutchings and Shalini De Silva on cross border financing and the impact, and risks, of intangibles.
In this article, Hayley Lock, Stacey Biggar and Sam Gathercole provide a full recap of major employment tax developments in 2024 with quick links to feature articles and podcasts perfect for poolside perusal.
This decision was insightful as it sets out a number of details found, by the Federal Court of Australia, to be a ‘tax exploitation scheme’, as detailed by Mukul Relan, David Vuong, Melissa Bader, and Georgia King-Siem.
KPMG firms are integrating AI into Audit, Tax and Advisory solutions as well as exploring practical use cases that have been designed to accelerate and enhance organizations’ audit processes, tax transparency and reporting obligations and meet clients’ ambitious business transformation objectives.
Businesses should determine how they may be affected by the DST rules, including considering the accounting implications regarding their obligations under this new tax law.
