The Payment Times Reporting Regulator released final guidance material in March, which entities will need to rely on for reporting periods beginning 1 July 2024.
The changes are designed to simplify the UK’s international tax rules, bring them up to date and align them more closely with the UK’s obligations under double taxation treaties, as outlined by KPMG UK’s Phil Roper.
The Labor Party made some tax-related election commitments which we expect the Federal Government will start to implement in 2025, as outlined by Alia Lum and Amanda Maguire.
Key to the Administrative Review Tribunal case was the wide range of different contractual and pricing mechanisms used in the market, as highlighted by Sam van Berkel, Glen Hutchings, Kristie Schubert, Jeremy Capes and James Alsop.
Family groups should review the status of their group’s family trust elections and interposed entity elections and consider if their distribution practices are consistent with the elections made, as detailed by Belinda Cheesewright, James Macky and Blake Indian.
ATO Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan provides KPMG’s Hayley Lock and Stacey Biggar with key tax updates for internal teams and compliance areas of interest in 2025.
Australian Taxation Office (ATO) Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan says the administrator will be contacting some tax agents about employers' FBT returns.
The Payment Times Reporting Regulator released final guidance material in March, which entities will need to rely on for reporting periods beginning 1 July 2024.
This webinar, held on 6 May 2025, provides a regulatory update, shares the developments on assurance activities and discusses key implementation challenges.
Family groups should review the status of their group’s family trust elections and interposed entity elections and consider if their distribution practices are consistent with the elections made, as detailed by Belinda Cheesewright, James Macky and Blake Indian.
ATO Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan provides KPMG’s Hayley Lock and Stacey Biggar with key tax updates for internal teams and compliance areas of interest in 2025.
Family groups should review the status of their group’s family trust elections and interposed entity elections and consider if their distribution practices are consistent with the elections made, as detailed by Belinda Cheesewright, James Macky and Blake Indian.
In this submission, KPMG provides insights on some of the underlying assumptions in the Federal Government’s discussion paper and considers how policies and practices can be aligned to effect meaningful change.
This article, the third in our global series, explores how Pillar Two interacts with M&A activities — focusing on acquisitions, dispositions, joint ventures and carve-outs.
This decision will provide greater clarity for existing groups of entities that may be considering a reorganisation, such as a ‘top hatting’ restructure or demerger, as detailed by Kristie Schubert, Matt Ervin, Shirley Lam, James Macky, Demos Deliyannis and William Ho.
The prompt response from Treasury provides welcome certainty for foreign investors into Australia, as highlighted by Matt Ervin, Shirley Lam, Tasha Chen and Alexandra Macolino.
The US Fed sees risks on inflation and unemployment both to the upside, which could cause it to prioritise one side of its mandates over the other, writes KPMG US Chief Economist Dianne Swonk.
The data confirms that the right approach for RBA is to ease off the interest rate brake, to help stimulate a soft economy, writes KPMG Australia Chief Economist Brendan Rynne.
The Labor Party made some tax-related election commitments which we expect the Federal Government will start to implement in 2025, as outlined by Alia Lum and Amanda Maguire.
The rise in spending to hedge against a surge in tariffs masks an underlying weakness, notably in business investment, writes KPMG US Chief Economist Diane Swonk.
Australian Taxation Office (ATO) Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan says the administrator will be contacting some tax agents about employers' FBT returns.
KPMG Workplace Advisory Partner Hayley Lock discusses the recent Federal Court judgement for car parking fringe benefits and commercial parking stations.
ATO Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan provides KPMG’s Hayley Lock and Stacey Biggar with key tax updates for internal teams and compliance areas of interest in 2025.
This submission builds on KPMG’s past contribution, with eight recommendations to the payday super regime, including recommending that legislation should be fair in regard to employers who genuinely demonstrate efforts to comply with their SG obligations.
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.
In this submission, KPMG provides insights on some of the underlying assumptions in the Federal Government’s discussion paper and considers how policies and practices can be aligned to effect meaningful change.
Under the Future Made in Australia policy, new legislation introduces a hydrogen production incentive and a critical minerals production tax incentive, as highlighted by Georgia King-Siem, Sophie Turski, Melissa Bader and Daniel McLindon.
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.
This KPMG International webinar, held on Thursday 8 May 2025, includes discussion on the potential impact on EU tax policy from the current geopolitical climate.
The changes are designed to simplify the UK’s international tax rules, bring them up to date and align them more closely with the UK’s obligations under double taxation treaties, as outlined by KPMG UK’s Phil Roper.
Key to the Administrative Review Tribunal case was the wide range of different contractual and pricing mechanisms used in the market, as highlighted by Sam van Berkel, Glen Hutchings, Kristie Schubert, Jeremy Capes and James Alsop.
Daniel Rae and Onur Tekin discuss what businesses can do in this unpredictable environment, and key issues to keep in mind if transfer pricing policies need to be changed.
Daniel Rae and Onur Tekin discuss what businesses can do in this unpredictable environment, and key issues to keep in mind if transfer pricing policies need to be changed.
With the introduction of a sweeping portfolio of new global tariffs from the United States, this webinar dives into the potential economic and geopolitical impacts of this new world order.
Hayley Lock, Mark Wright and Eli Christodoulou provide insight on the Australian Government’s measure to further restrict foreign ownership of established dwellings and how global mobility teams can navigate this change to continue to attract talent to Australia.
This KPMG International webinar, to be held on Wednesday 23 April, will explore the current challenges and strategies with respect to the wave of recently announced tariffs.
Key to the Administrative Review Tribunal case was the wide range of different contractual and pricing mechanisms used in the market, as highlighted by Sam van Berkel, Glen Hutchings, Kristie Schubert, Jeremy Capes and James Alsop.
Belinda Cheesewright, Kristie Schubert, Blake Indian, Aylin Harapoz and Wenny Sampurna explore these changes and their impact on private groups going forward.
This decision will provide greater clarity for existing groups of entities that may be considering a reorganisation, such as a ‘top hatting’ restructure or demerger, as detailed by Kristie Schubert, Matt Ervin, Shirley Lam, James Macky, Demos Deliyannis and William Ho.
Although private rulings can provide certainty, there are important considerations for those preparing or contesting a private ruling, as a recent case illustrates.
David Sofrà, Andy Larmour, Kevin Ferdinands and Analyn Toledo provide insights on some of the changes the proposed payday super legislation would bring, and how employers can start to act now, before anything has been legislated.
Transfer Pricing National Leader Tim Keeling and Tax Governance Partner Phil Beswick discuss the Australian public country-by-country (CbC) reporting rules which are based broadly on the Global Reporting Initiatives' (GRI) Sustainability Reporting Standards.
