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.
As highlighted by KPMG NZ’s Darshana Elwela, the guidance outlines what the tax administrator expects to see when reviewing whether taxpayers have appropriate tax governance arrangements in place.
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.
As both major Australian political parties announce some new tax policies ahead of the election, several tax bills introduced in the previous term have now lapsed, as outlined by Alia Lum and Amanda Maguire.
The challenges of the global trade environment are unlikely to resolve in the short term and will require attention and agility through this period of uncertainty, as discussed by David Sofrà, Daniel Rae and Tim Keeling.
As part of the ongoing series of Demystifying Chinese Investment in Australia by KPMG and The University of Sydney, the April 2025 report analyses Chinese Overseas Direct Investment (ODI) into Australia in calendar year 2024.
It is anticipated that the additional disclosures relating to multiple tax residencies for entities may require substantial judgement and involvement of legal or tax specialists, as highlighted by Julie Locke and Zuzana Paulech.
Belinda Cheesewright, Kristie Schubert, Blake Indian, Aylin Harapoz and Wenny Sampurna explore these changes and their impact on private groups going forward.
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.
As highlighted by KPMG NZ’s Darshana Elwela, the guidance outlines what the tax administrator expects to see when reviewing whether taxpayers have appropriate tax governance arrangements in place.
As both major Australian political parties announce some new tax policies ahead of the election, several tax bills introduced in the previous term have now lapsed, as outlined by Alia Lum and Amanda Maguire.
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 ATO may review and apply compliance resources in circumstances where an Australian entity that holds passive assets are ‘restructured’, so that it then is able to qualify as a MIT, where there is no clear commercial rationale for such restructure, as detailed by Matt Ervin, Shirley Lam and Tasha Chen.
An ATO private binding ruling illustrates why the terms of any employee incentive plans need to be carefully considered, including in relation to the deductibility of any payments made under the plan, as detailed by Stacey Hannam and Mitchell Bird.
Sharp declines in the stock market may start hurting the positive wealth effects from the stock market boom over the past few years, which boosted consumption at the high end, as outlined by KPMG US Senior Economist Matthew Nestler.
With the introduction of a sweeping portfolio of new global tariffs from the United States, KPMG Australia will be hosting a special webinar – on Monday 14 April – that will dive into the potential economic and geopolitical impacts of this new world order.
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.
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.
Thomson Reuters' ONESOURCE FBT Solution Product and Proposition Manager Amesh De Silva outlines some action areas for businesses as they prepare for the 2025 FBT season.
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.
KPMG Corporate Tax Partner Gabby Burcul and Enterprise Tax Partner Clive Bird discuss the measures announced in the Federal Government’s 2025 Budget, and in particular, what they mean for business.
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 highlighted by KPMG NZ’s Darshana Elwela, the guidance outlines what the tax administrator expects to see when reviewing whether taxpayers have appropriate tax governance arrangements in place.
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.
The challenges of the global trade environment are unlikely to resolve in the short term and will require attention and agility through this period of uncertainty, as discussed by David Sofrà, Daniel Rae and Tim Keeling.
As part of the ongoing series of Demystifying Chinese Investment in Australia by KPMG and The University of Sydney, the April 2025 report analyses Chinese Overseas Direct Investment (ODI) into Australia in calendar year 2024.
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.
The challenges of the global trade environment are unlikely to resolve in the short term and will require attention and agility through this period of uncertainty, as discussed by David Sofrà, Daniel Rae and Tim Keeling.
With the introduction of a sweeping portfolio of new global tariffs from the United States, KPMG Australia will be hosting a special webinar – on Monday 14 April – that will dive into the potential economic and geopolitical impacts of this new world order.
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.
The judgement in Tabcorp considers the application of the Taxation of Financial Arrangements (TOFA) rules to an arrangement that becomes a TOFA ‘financial arrangement’ once all the non-cash settlable rights and obligations in the arrangement have been satisfied.
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.
