The IRS is fully back in operation but still without a Chief Counsel or the immediate prospect for one, writes KPMG US Washington National Tax Principal John Gimigliano.
As noted by David Sofrà and Andy Larmour, there is a significant workload for organisations to prepare and comply with the payday super regime, and the ATO’s draft guideline is an important tool for helping organisations to prepare.
KPMG’s biannual Australian Inflation and Cost Dynamics report is designed to provide unique and timely insights into the complexities of inflation and its driving forces within the Australian economy.
An increasing number of interpretative challenges have been identified for the application of the Pillar Two joint venture rules, as highlighted by Conrad Turley and Marco Dietrich.
These decisions provide much-needed clarity for foreign investors and taxpayers on their existing Australian investments, as detailed by Matt Ervin and Shalini De Silva.
In-scope multinational groups need to establish a clear process to track and ensure the timely filing of all returns and notices, as detailed by Alia Lum and Amanda Maguire.
The release of the draft guidance is an important and highly anticipated step in the implementation road map for Australian Public CbC Reporting, as detailed by Sean Madden, Jane Rolfe and Phil Beswick.
The redesigned code provides some optionality, allowing an avenue for businesses to provide additional tax contribution and approach to tax narratives, as highlighted by Phil Beswick, Val Misiura, Amanda Maguire and Katryne Chia.
Maxxia Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle share insights into how companies typically approach the management of employee benefits in salary packaging programs.
As noted by David Sofrà and Andy Larmour, there is a significant workload for organisations to prepare and comply with the payday super regime, and the ATO’s draft guideline is an important tool for helping organisations to prepare.
This webinar, to be held on Monday 17 November, will include practical recommendations to help your business support new processes and achieve full implementation readiness.
The release of the draft guidance is an important and highly anticipated step in the implementation road map for Australian Public CbC Reporting, as detailed by Sean Madden, Jane Rolfe and Phil Beswick.
The redesigned code provides some optionality, allowing an avenue for businesses to provide additional tax contribution and approach to tax narratives, as highlighted by Phil Beswick, Val Misiura, Amanda Maguire and Katryne Chia.
This webinar, to be held on Thursday 27 November, is specifically designed to keep banking and finance industry professionals up to date with current and emerging tax trends.
In-scope multinational groups need to establish a clear process to track and ensure the timely filing of all returns and notices, as detailed by Alia Lum and Amanda Maguire.
These decisions provide much-needed clarity for foreign investors and taxpayers on their existing Australian investments, as detailed by Matt Ervin and Shalini De Silva.
A strict interpretation of the guidance will mean that taxpayers with almost any form of offshore operations or investment will be practically excluded from relying on the third-party debt test, as detailed by Minh Dao, Katrina Piva and Amanda Maguire.
The finalised guideline is broadly in line with the draft version, however there are some areas that the final PCG does not address, as outlined by Stephen Carpenter, Hannah Hesse, Stacey Hannam and Julia Klarich.
KPMG’s biannual Australian Inflation and Cost Dynamics report is designed to provide unique and timely insights into the complexities of inflation and its driving forces within the Australian economy.
The unemployment rate reinforces the view that there are still short-term inflationary pressures in the economy, writes KPMG Senior Economist Terry Rawnsley.
The United States’ economy is powering forward, aided by a boom in AI, or arms race, as many in Washington see it, without generating many jobs, writes KPMG US Chief Economist Diane Swonk.
High interest rates had previously succeeded in curbing demand, however the three interest rate cuts this year appear to have re-stimulated household demand, writes KPMG Australia Chief Economist Brendan Rynne.
Maxxia Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle share insights into how companies typically approach the management of employee benefits in salary packaging programs.
As noted by David Sofrà and Andy Larmour, there is a significant workload for organisations to prepare and comply with the payday super regime, and the ATO’s draft guideline is an important tool for helping organisations to prepare.
This episode features special guests from Maxxia - Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle - as they discuss the value of outsourcing the administration of a salary packaging program as opposed to managing in-house.
Holiday rentals have been the subject of ATO scrutiny for several years, with the existing guidance needing a refresh to provide taxpayers with greater certainty on the ATO’s approach, as discussed by Hayley Lock, Craig Robinson and Jacqui Tucker.
Maxxia Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle share insights into how companies typically approach the management of employee benefits in salary packaging programs.
This episode features special guests from Maxxia - Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle - as they discuss the value of outsourcing the administration of a salary packaging program as opposed to managing in-house.
Holiday rentals have been the subject of ATO scrutiny for several years, with the existing guidance needing a refresh to provide taxpayers with greater certainty on the ATO’s approach, as discussed by Hayley Lock, Craig Robinson and Jacqui Tucker.
While the Hall case is under appeal, it provides a valuable precedent for interpreting section 8-1 in the context of modern work arrangements, as outlined by Hayley Lock, Jackie Shelton and Laura Carroll.
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.
The IRS is fully back in operation but still without a Chief Counsel or the immediate prospect for one, writes KPMG US Washington National Tax Principal John Gimigliano.
An increasing number of interpretative challenges have been identified for the application of the Pillar Two joint venture rules, as highlighted by Conrad Turley and Marco Dietrich.
Although the agreements primarily impact bilateral trade between these countries and the US, various provisions and statements focus on other tax issues.
This KPMG International webinar, held on Thursday 6 November, looks at how to align your organisation’s strategy with available programs, and steps to increase eligibility and secure funding.
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.
These decisions provide much-needed clarity for foreign investors and taxpayers on their existing Australian investments, as detailed by Matt Ervin and Shalini De Silva.
The latest instalment in our ‘The Pricing Conversation’ video series features Jeremy Capes and Shalini De Silva discussing KPMG’s recent Transfer Pricing Controversy in-person events.
As outlined by James Alsop, Shalini De Silva, Sakshi Mathur and William Ho, the Full Federal Court has allowed Oracle’s appeal to stay domestic tax proceedings.
The outcome of the decision impacts cleaning and security businesses that routinely engage independent contractors, as highlighted by Priscilla Tang, David Sofra, Kevin Lin and Luca Gibbs.
KPMG Tax Analytics and Automation Partner Barry Sullivan says organisations should begin experimenting with the use of Artificial Intelligence, in a secure, approved environment.
KPMG Tax Analytics and Automation Partner Barry Sullivan says there are a range of tasks that tax functions are undertaking with the use of Artificial Intelligence.
What's hype, what's real and what's next? KPMG Tax Analytics and Automation Partner Barry Sullivan, along with Digital Solutions and AI Director Ed Hewings, discuss the breakthroughs in generative models, and where tax functions might benefit from adopting Artificial Intelligence.
Support is growing to mandate digital financial reporting in Australia to better use data and technology, writes KPMG’s Audit & Assurance Partner Kim Heng.
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.
