GIC remission review released
CA ANZ supports the Tax Ombudsman’s 4 recommendations which address member concerns about lack of guidance, inconsistent outcomes and the need for better explanations of decisions...
Tax in focus
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ATO debts on hold (AU)
$10B of debts placed on hold after 1 January 2017 are being added to taxpayer’s accounts and will be subject to the general interest charge after 6 months...
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Cost of tax debt to soar in 2025
From 1 July 2025 the general interest charge and shortfall interest charge will become non-deductible, dramatically increasing the cost of tax debt to businesses...
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States and Territories given priority to impose taxes over tax treaties
The AU government introduces Treasury Laws Amendment (Foreign Investment) Bill 2024...
