The ATO has published its Public Country-by-Country (CbC) reporting implementation guide, effective for reporting periods starting on or after 1 July 2024.
Built on world-class research and clinical trials, Australia’s biotech industry is increasingly shifting towards commercialisation, global expansion, and long-term growth.
The Treasury Laws Amendment (Payday Superannuation) Bill 2025 has now been introduced into the House of Representatives, with very little change to the original draft released for consultation
On 24 September 2025, the ATO released PCG 2025/3 (‘the PCG’), setting out its compliance approach to arrangements where capital is raised to fund franked distributions. This was after their consultation on the draft PCG.
Australia’s Country-by-Country (“CbC”) reporting regime has evolved significantly in recent years, reflecting a broader global shift towards tax transparency
From 2026, Victoria’s VRLT will apply to long-term undeveloped land in metro Melbourne, targeting land banking and encouraging residential development. The expansion follows 2025 reforms aimed at improving housing affordability and supply.
The Federal Court’s 2025 decision in Charles Apartments Pty Ltd v Commissioner of Taxation underscores the importance of substance over form, proper documentation, and income nexus in group financing arrangements under Australian tax law.
Last week’s Economic Reform Roundtable featured a mix of leaders from business, unions, civil society, government and other experts, who spent three days with Treasurer Jim Chalmers, Prime Minister Anthony Albanese and Finance Minister Katy Gallagher in the Cabinet room in Canberra.
In this episode, Principal and National Head of Private Business & Tax Advisory Technical Tax, David Montani, Specialist Tax Partner and National Head of Real Estate & Construction Anika Reside and Corporate Tax Partner Mark D’Angelica discuss the outcomes of the Economic Reform Roundtable, why tax reform has historically been challenging in Australia, and their ideal tax mix for a more productive and prosperous nation.
US tariffs 2025: Impact on Australian exports, trade strategy & customs review insights.
The High Court of Australia has dismissed the Tax Commissioner’s (“the Commissioner”) appeals in FCT v PepsiCo, Inc [2025] HCA 30 (“PepsiCo”), ruling that payments made by Schweppes Australia to PepsiCo’s Australian subsidiary for concentrate did not constitute royalties, and that PepsiCo and Stokely‑Van Camp were not liable for royalty withholding tax or diverted profits tax for the 2018 and 2019 income years.
The ATO has released the registration form to be completed by your ultimate parent entity relating to the Public Country-by-Country Reporting (“Public CbCR”) regime which is now in effect.