In consultation with patent attorneys from Griffith Hack, we have applied our expertise across patent law, R&D tax, corporate tax and industry specific knowledge to consider the challenges and opportunities for patent box here in Australia.
In response to the persistent occurrence of outbreaks and lockdowns in our major cities, the Federal Government has come to the table with additional support for businesses impacted by extended lockdowns.
NSW and Federal Government co-fund COVID support package
On Tuesday 29 June the NSW Treasurer Dominic Perrottet announced a major grants package for businesses affected by the recent COVID-19 outbreak and ensuing two week lockdown.
The G7 this week has reached what has been described as a seismic agreement on global tax reform. The new rules, yet to be truly formulated, are meant to ensure that the world’s largest multinational technology companies will pay “their fair share” of tax in the countries in which they operate.
In this podcast, we’re joined by Phil Coorey, Political Editor at the Australian Financial Review, and Vince Tropiano, Corporate Tax Partner in our Sydney office to talk about last week’s Federal Budget.
Three weeks out from the Federal Budget and we finally have some noteworthy spoilers on what’s to come on 11 May thanks to a speech delivered by Prime Minister Scott Morrison to the Business Council of Australia.
New South Wales has just undergone a public consultation regarding a swap from stamp duty to land tax over a decades long transition period.
The Government has delivered a once in a lifetime Federal Budget in response to COVID-19.
Droughts, fires, floods and now a pandemic. The Australian people have experienced disaster after disaster in the last 18 months, with much of this seemingly concentrated in the last 6 months.
The Tax Law Amendment (Combating multinational Tax Avoidance) Bill 2015 (“MAAL”) casts the spotlight onto corporate activity that encourages the reduction of tax liabilities in Australia.
Australia has continued its aggressive, unilateral approach to tackling Base Erosion and Profit Shifting, with the Diverted Profits Tax (DPT) introduced to combat multinational companies shifting profits out of Australia.