The UK Government has introduced legislation which includes the Undertaxed Profits Rule (UTPR) and anti-arbitrage rules for transitional country-by-country reporting safe harbours.
As outlined by James Alsop, Jennifer Ta and Shalini De Silva, this Federal Court decision has implications for how Mutual Agreement Procedures (MAPs) interact with domestic proceedings, clarifying the factors the Court will consider when granting stays in future cases.
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.
Indirect Tax Partner Jacqui Hardwick discusses the Australian Taxation Office's new supplementary annual reporting requirement for Top 100 and Top 1,000 taxpayers.
As outlined by James Alsop, Jennifer Ta and Shalini De Silva, this Federal Court decision has implications for how Mutual Agreement Procedures (MAPs) interact with domestic proceedings, clarifying the factors the Court will consider when granting stays in future cases.
This webinar, to be held on Thursday 5 December, will feature guest speakers from the Australian Taxation Office on the Private Wealth Top 500 Program and Next 5000 Program.
As outlined by Sarah Shaw, the Victorian Government has introduced several state taxation measures, some of which have now commenced from October 2024.
As highlighted by Sarah Shaw, legislation before the NSW Parliament seeks to address the duty and land tax treatment applicable to corporate collective investment vehicles.
The tax implications of transactions that involve ACCC approval can be complex and the downside risk for shareholders can be material, as detailed by Stacey Hannam, Mark Taylor, Kate Kneen and Ceithleann Ni Chonluain.
The Commissioner’s updated aggregation ruling and voluntary disclosure program reflects the unfavourable shift by the Victorian judiciary and the SRO in the interpretation and administration of Victorian landholder duty for capital raisings, as outlined by Sarah Shaw, Tessa Livingston, Jonathan Rogic and Remy Marshall.
There is a push to get tax cuts expanded in the first 100 days of the incoming administration, however our legislative liaisons believe it will be 2026 before any major tax cuts are implemented, writes KPMG US Chief Economist Diane Swonk.
KPMG remains of the view that with the decline in inflation accelerating, and the expectation still that Australia’s labour market will weaken in the near term, the RBA will start to cut the cash rate from early next year.
Stacey Biggar and Tayla MacNair are joined by Andrew Hosken from Victoria's State Revenue Office, as they discuss focus areas for review and compliance activity, preparation of payroll tax returns and finding a career in tax.
Workforce and Innovation Partner Craig Robinson says he both enjoys supporting businesses to achieve their strategic objectives while working with and supporting the development of his colleagues at KPMG.
This webinar, to be held on Thursday 21 November, will review recent changes to legislation, emerging issues regarding superannuation and SMSFs, and what this means for planning for your retirement and succession.
The report also reiterates the ATO’s continued focus on ensuring the integrity of the R&D tax incentive program, as detailed by Mukul Relan, Marko Trifunovski, Georgia King-Siem, Laurens Visscher and Melissa Bader.
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.
As highlighted by Sarah Shaw, legislation before the NSW Parliament seeks to address the duty and land tax treatment applicable to corporate collective investment vehicles.
The UK Government has introduced legislation which includes the Undertaxed Profits Rule (UTPR) and anti-arbitrage rules for transitional country-by-country reporting safe harbours.
This webinar, to be held on Wednesday 4 December, will feature KPMG Pillar Two subject matter experts from across our Asia Pacific tax practices, who will set out the latest developments with their local rule implementation.
This webinar, to be held on Wednesday 20 November, will include an in-depth discussion on recent tax developments in the United States (US) and on BEPS 2.0.
The ‘New world, Be brave’ publication series distils the experience and insights of Global Mobility professionals of KPMG member firms on some of today’s most pressing issues — along with innovative ways of addressing them.
Workplace and Employment Law Partner Adrian Wong and Immigration Services Director Samantha Panchal discuss fixed term contracts when it comes to employing Temporary Skill Shortage (subclass 482) visa holders.
This webinar, to be held on Thursday 22 February, looks at how private companies, including family businesses, are building effective remuneration packages allied to their broad search for skilled talent.
As outlined by James Alsop, Jennifer Ta and Shalini De Silva, this Federal Court decision has implications for how Mutual Agreement Procedures (MAPs) interact with domestic proceedings, clarifying the factors the Court will consider when granting stays in future cases.
This series, beginning with an in-person event with former Federal Court Judge, the Honourable Tony Pagone AM KC and ATO Deputy Commissioner Fiona Knight, will be a unique opportunity for multinationals in Australia to stay updated on the latest developments.
As highlighted by Keith Swan, Melissa Bader, Alston Kam and Emilia Galluccio, this decision illustrates why businesses that engage contractors should review their arrangements and consider the application of the contractor provisions.
In the latest development, the Commissioner has filed an application for special leave to appeal the recent Full Federal Court decision in PepsiCo, Inc v Commissioner of Taxation [2024] FCAFC 86 to the High Court of Australia.
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.
