Considering Australia’s significant fintech and financial sector experience, it’s no surprise Victoria’s recent Intersekt Festival focused on leveraging Australia’s fintech market to its full potential.
The Senate committee charged with reviewing the government’s proposed new legislation for the exemption from fringe benefits tax (FBT) for electric vehicles (EVs) has now handed down its report.
Income Tax Assessment Amendment (Digital Games Tax Offset) Bill 2021: Measure for Consultation
The ATO has recently undertaken a number of Income tax, Transfer Pricing, GST and R&D reviews of Fintechs across the ‘Top 1000’ and the ‘Medium and Emerging’ markets, focusing on business models such as online lenders, neo banks, buy now pay later providers, and peer-to-peer lenders. Based on the findings, the ATO has identified a number of key risk areas.
In our podcast, Tax Partners Vince Tropiano and Brett Curtis discuss what the global minimum corporate tax rate agreement means for Australian businesses, how businesses can prepare themselves, and what to consider if you’re setting up operations offshore.
In this podcast, Ian Renwood, partner and National Head of Technology & Media, and Jace Gawne-Buckland, partner in Private Business Tax & Advisory, talk all things cryptocurrency – including banking the unbanked, machines trading services and just when we might see crypto as a standard payments option.
The 2021-2022 Federal Budget reveals a digital pathway forward for Australia’s future economy. Businesses, manufacturing, governance and government is all underpinned by technology. The Digital Economy Strategy lays out what’s next.
Google receives nearly 85% of its revenue from user data insights.
M&A took a massive hit in 2020, with the majority of transactions put on hold in the February-March 2020 period in response to COVID.
Has the digital economy been left to sort itself out? Yes. It’s unquestionably a sector the Government understands the value of, but didn’t know how to treat.
A core component, and very much in response to changing business trends in a post COVID world, the Government is investing almost $800m to enable businesses to take advantage of digital technologies to grow their businesses and create jobs.
The Government states they are technology agnostic and that they will not hinge their hopes on one kind of energy generation for the future. Having said this, hydrogen has presented itself as a major opportunity for Australia – both as a domestic energy source as well as an exportable commodity.