This report highlights shifts towards greater centralisation and outsourcing of compliance, the growing importance of VAT/ GST to the business, and the progressive expansion of the roles of indirect tax professionals.
The latest CPI data that shows core inflation rising adds to the case for a rate hike, with Australia looking set for incredibly weak growth for the rest of the year.
This article examines the interpretative framework for assessing PE risk in a remote work context and the relevance of the OECD MTC Commentary under domestic law and tax treaties.
Proposed CGT reforms add significant complexity and, by mandating how capital losses must be applied, effectively dilute the value of the CGT discount for pre 30 June 2027 gains, as highlighted by Julian Humphrey, Alia Lum, Brent Murphy and Amanda Maguire.
The South Australia Budget largely stays the course in regards to taxation, albeit with some targeted duty relief introduced, as discussed by Candice Wong, Alex Pringle and Anna Hall.
Across both Australia and New Zealand, the biggest FBT compliance challenge isn’t the rules, it’s finding, validating and attributing the data needed to apply them correctly.
Across both Australia and New Zealand, the biggest FBT compliance challenge isn’t the rules, it’s finding, validating and attributing the data needed to apply them correctly.
Glen Hutchings and Phil Beswick discuss why transfer pricing governance has become a key focus given its inherent tax risk and how organisations can strengthen controls, improve reporting accuracy and unlock both risk protection and value creation.
This webinar, to be held on Thursday 21 May, will explore strategies to pre-empt escalation and manage controversy arising from information gathering by tax authorities.
The Regulator has increased enforcement, issued penalties, published non-compliance and tightened expectations around data quality and reporting accuracy.
This webinar, to be held on Thursday 25 June 2026, will explore the amendments to the Australian capital gains tax (CGT) regime and negative gearing for residential property rules.
Proposed CGT reforms add significant complexity and, by mandating how capital losses must be applied, effectively dilute the value of the CGT discount for pre 30 June 2027 gains, as highlighted by Julian Humphrey, Alia Lum, Brent Murphy and Amanda Maguire.
New Zealand’s 2026 Budget has delivered a collection of reforms, some of which align to what we were expecting and some of which are a complete surprise.
This webinar, to be held on Thursday 25 June 2026, will explore the amendments to the Australian capital gains tax (CGT) regime and negative gearing for residential property rules.
The WA Budget included four key revenue measures as part of the Housing Taxation Package, with no announced changes to landholder duty, payroll tax or land tax rates and thresholds, as highlighted by Jenny Lee, Jane Crisp and Scott Yun.
KPMG has prepared a submission in response to the ‘Strengthening the foreign resident capital gains tax regime’ draft legislation released by Treasury on 10 April 2026.
The latest CPI data that shows core inflation rising adds to the case for a rate hike, with Australia looking set for incredibly weak growth for the rest of the year.
The challenge is that the post-pandemic rise in inflation is still with us and the Fed is the one institution tasked with ensuring it ends, but it has proven a heavy lift thus far, writes KPMG US Chief Economist Diane Swonk.
The RBA has been clear and consistent; inflation remains too high in Australia and the current levels of aggregate demand are at least maintaining, or more likely, pushing core inflation even higher, writes KPMG’s Chief Economist Brendan Rynne.
This second article examines practical exposure points (fixed place of business and agency PE), compliance and enforcement considerations, and broader governance and residence implications for multinational groups.
Hayley Lock and Nick Cooke discuss on premises benefit, from gift cards and minor perks, both New Zealand and Australia offer FBT exemptions, but applying them correctly often proves more complex than expected.
This article examines the interpretative framework for assessing PE risk in a remote work context and the relevance of the OECD MTC Commentary under domestic law and tax treaties.
KPMG Senior Manager Ali Hookmani looks at how FBT works for not-for-profit organisations, including exemption and rebate categories, employee capping rules, and why accurate classification and tracking of benefits is critical.
Changes to the foreign purchaser surcharge duty is framed as a housing-supply measure designed to attract overseas institutional capital to help finance additional rental housing and accommodation for older Australians
David P Sofra, Anthony Harmer, Nick Boland, Eli Christodoulou, and Simon Marial provide insights on the Federal Government’s recently announced fuel excise reduction and the implications for businesses claiming fuel tax credits.
The Federal Government’s exposure draft legislation to amend the R&D Tax Incentive excludes certain R&D activities from eligibility and will still enable companies to claim R&D for activities not covered by these exclusions.
This report highlights shifts towards greater centralisation and outsourcing of compliance, the growing importance of VAT/ GST to the business, and the progressive expansion of the roles of indirect tax professionals.
While the Government’s proposed concession for start-up businesses is narrow in design and likely requires further refinement, it will be a welcome form of tax relief for many investors including founders and employees.
The decision in Commissioner of State Revenue v Special Situations Investing Group III, Inc [2026] QCA 98 means particular care must be taken when considering internal group restructures involving Queensland assets or landholders, as highlighted by Cullen Smythe and Brooke Gosbell.
Glen Hutchings and Phil Beswick discuss why transfer pricing governance has become a key focus given its inherent tax risk and how organisations can strengthen controls, improve reporting accuracy and unlock both risk protection and value creation.
This report outlines KPMG insights from the recent transfer pricing audits when KPMG assisted companies in the Energy and Natural Resources space with managing the disputes.
This KPMG International webinar, held on Thursday 26 March, explores clarifications brought by the revised OECD Commentary, as well as remaining unresolved tax issues relating to remote working.
One of the amendments to the proposed legislation will help further de-risk an employer’s decision to allow remote working from New Zealand, writes KPMG NZ’s Rachel Piper.
This report uncovers the complexities that mobility teams and their organisations are facing, and looks at how to respond as the ‘rules of the game’ continue to evolve.
Discussions have focused on economic trends, corporate income tax, the gig economy, and the taxation of employment income for globally mobile workers, as outlined by Ursula Lepporoli and Tom Newsome.
The decision in Commissioner of State Revenue v Special Situations Investing Group III, Inc [2026] QCA 98 means particular care must be taken when considering internal group restructures involving Queensland assets or landholders, as highlighted by Cullen Smythe and Brooke Gosbell.
This report outlines KPMG insights from the recent transfer pricing audits when KPMG assisted companies in the Energy and Natural Resources space with managing the disputes.
This webinar, to be held on Thursday 21 May, will explore strategies to pre-empt escalation and manage controversy arising from information gathering by tax authorities.
A Federal Court decision in Shell Energy Holdings Australia Ltd v Commissioner of Taxation [2026] FCA 577, has clarified that market value for CGT purposes must reflect the real-world characteristics of a large shareholding, as highlighted by James Alsop, Steve Plant, Allan Szostak and Alexandra Macolino.
This webinar, to be held on Wednesday 27 May, will explore how KPMG’s collaboration with Microsoft can help you solve your greatest business challenges.
Digital Solutions and AI Director Ed Hewings outlines how successful teams are doing it differently, redesigning their processes from the ground up, not trying to fit AI in where it doesn’t belong.
KPMG Tax Analytics and Automation Partner Barry Sullivan outlines why organisations aren’t just looking for efficiency; they want automation that delivers real insights and supports strategic decisions, not just faster tasks.
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.
