This report revisits the key criteria that determines if your business is a reporting entity, providing clarity on thresholds, timelines, and responsibilities.
This report examines the practical consequences of algorithmic decision-making in tax, including the risk of bias, the problem of black-box models and the regulatory and institutional challenges of maintaining trust, transparency and human oversight.
The slowdown in global growth can be primarily attributed to North America, with the US forecast to suffer a mild bout of stagflation, meaning rising prices and unemployment, due to shifts in trade policy.
It seems no week can pass without further changes in direction on tariff policy, with tentative agreements with the EU and a few countries now put in question, as outlined by KPMG US Washington National Tax Principal John Gimigliano.
The rules can have a significant impact on the cash taxes of MNE groups, especially those enjoying generous corporate income tax incentives in Vietnam.
Amid all the noise, one strong current ran through the discussion: a return to foundational tax principles, predictability, fairness, simplicity and adequate capacity.
KPMG's ASPAC Tax Policy Lead Conrad Turley discusses how a 'group' may be defined under the proposal by the G7 for a 'side by side' approach to the Pillar 2 framework.
This report revisits the key criteria that determines if your business is a reporting entity, providing clarity on thresholds, timelines, and responsibilities.
The register aims to enhance transparency and provide prospective applicants with insights into the factors considered and conditions imposed, as outlined by Zuzana Paulech, Julia Bilyanska and Julie Locke.
David Sofrà, Priscilla Tang, Langdon Patrick & Kevin Nguyen highlight how to determine whether your business falls under the reporting requirements which rules may apply.
The proposed change is aimed at taking NZ tax out of the equation for those who may choose to spend some time in the country, including as part of a “remote working” arrangement, as detailed by Darshan Elwela.
In a significant ruling, the High Court of Australia has dismissed the Commissioner of Taxation’s appeal against PepsiCo, finding there to be no royalty withholding tax liability and no application of the diverted profits tax.
With commercial property in the retail and industrial sectors are now recording positive returns, and returns from the office sector bottoming out, there’s an optimistic outlook for Australia’s commercial property market despite recent global economic developments.
The Budget includes a package of revenue measures which continue the tax reform program of shifting revenue from conveyance duty to general rates, as outlined by Candice Wong, Jane Crisp and Myuri Kuganathan.
Streamlining the ex-gratia relief system and “revenue protection” measures for the duty and land tax surcharges will be of interest to foreign property-holding taxpayers, as discussed by Dorian Beaver, Alex Pringle and Bella Hammond.
The slowdown in global growth can be primarily attributed to North America, with the US forecast to suffer a mild bout of stagflation, meaning rising prices and unemployment, due to shifts in trade policy.
The weakness we are seeing is chilling and enables the Federal Reserve to cut rates in September, although not enough for the most dovish Fed governors, writes KPMG US Chief Economist Diane Swonk.
Merriden Varrall and Jon Berry outline how global populism is reshaping trade and highlight strategies for Australian businesses to stay resilient amid change.
The proposed change is aimed at taking NZ tax out of the equation for those who may choose to spend some time in the country, including as part of a “remote working” arrangement, as detailed by Darshan Elwela.
Flexible and innovative mobility policies and programs that cater to employee expectations are essential and can provide a competitive advantage in the race to acquire and retain talent.
As highlighted by Priscilla Tang, Andy Larmour, David Sofrà and Bryce Miller, businesses that engage contractors should, once more, revisit their contractor arrangements and stay updated on developments in this area.
ATO Assistant Commissioner Rob Thomson shares with Ursula Lepporoli details on the working from home fixed rate changes and how these will affect tax returns.
The steady stream of regulator guidance products, changes to the R&D Tax Schedule and R&D Application, and the imminent release of the second ATO R&D Transparency report mean the tax incentive is a board-level discussion for those claiming it, writes Georgia King-Siem.
Sophie Turski, Georgia King-Siem, Amanda Tirtadinata and Ryan Kirby explore new industry incentives, highlighting the opportunities and nuances that Australian businesses and communities need to be aware of.
This KPMG International webinar, held on Wednesday 3 September, explores recent tax reporting developments globally and discuss potential strategies digital platform operators can adopt to navigate the evolving regulatory environment.
This report explores the future of indirect taxes by examining ten key predictions on how these taxes will likely evolve in response to technological and societal developments.
This webinar, to be held on Wednesday 1 October, will delve into the implications of the G7 statement from a 2024/2025 Pillar Two compliance perspective.
It seems no week can pass without further changes in direction on tariff policy, with tentative agreements with the EU and a few countries now put in question, as outlined by KPMG US Washington National Tax Principal John Gimigliano.
Flexible and innovative mobility policies and programs that cater to employee expectations are essential and can provide a competitive advantage in the race to acquire and retain talent.
In this article, we explore the advantages of implementing a governance framework and the use of supporting technology to keep the evolving employment tax picture and related risks and compliance needs in sharp focus.
ATO Assistant Commissioner Rob Thomson shares with Ursula Lepporoli details on the working from home fixed rate changes and how these will affect tax returns.
In a significant ruling, the High Court of Australia has dismissed the Commissioner of Taxation’s appeal against PepsiCo, finding there to be no royalty withholding tax liability and no application of the diverted profits tax.
As highlighted by Priscilla Tang, Andy Larmour, David Sofrà and Bryce Miller, businesses that engage contractors should, once more, revisit their contractor arrangements and stay updated on developments in this area.
ATO Assistant Commissioner Rob Thomson discusses key interest areas for individuals when it comes to lodging their tax returns, including the private health rebate, working from home deductions and superannuation checks.
The Top 100 and Top 1000 Findings Reports indicate that transfer pricing continues to be a hot topic area for the ATO, as highlighted by Tim Keeling and Keith Swan.
This report examines the practical consequences of algorithmic decision-making in tax, including the risk of bias, the problem of black-box models and the regulatory and institutional challenges of maintaining trust, transparency and human oversight.
Director Rosie Foldvari outlines areas the Australian Taxation Office (ATO) is focussed on, and where organisations are not meeting compliance requirements.
Barry Sullivan, Rosie Foldvari and Xi Ngan discuss fixed assets and capital allowances, with a focus on the ATO's review process, governance, and the transformative role of technology.
Carolyn Harvey | Carolyn is a Partner with Tax Transformation, Technology & Managed Services
Stephen Carpenter | Stephen is the National Leader of KPMG Australia's Deal Advisory - Tax practice
Daniel Hodgson | Daniel is a Partner in KPMG Australia's Tax practice, advising multinational companies on all aspects of employee remuneration.
David Sofrà | David Sofrà is National Head of State and Indirect Taxes with KPMG Australia.
James Macky | James specialises in corporate tax and works with clients in the Energy and Natural Resources, retail, wholesale, services and manufacturing sectors.
Jenny Lee | Jenny is a Partner in our Deal Advisory – Tax team, specialising in indirect tax.
John Salvaris | John is a Partner specialising in corporate tax matters for financial services organisations.
Natalie Raju | Natalie is a Partner specialising in corporate tax matters for financial services organisations.
Peter Oliver | Peter is a Partner in KPMG Australia’s International Tax team.
Tim Keeling | Tim is a Partner within our Tax Advisory Services team specialising in Transfer Pricing.
