Microsoft is using a vast network of subsidiaries and tax havens to minimise the tax it pays in Australia as it holds lucrative government contracts to deliver public services,...
Tax
Posted on
| by Justin Hendry
The federal government has unveiled draft legislation that will give small and medium-size enterprises (SMEs) access to more than $1.5 billion in tax concessions to encourage digital technology adoption...
Posted on
| by Joseph Brookes
The tax office is paying Irish-headquartered tech services giant Accenture more than $70,000 a day for work on its business register upgrade, with the company’s total bill for the...
Posted on
| by Denham Sadler
More than 20 per cent of Amazon’s shareholders voting for a proposal to force the tech firm to provide greater tax transparency provides a “strong signal” and should encourage the...
Posted on
| by Denham Sadler
The federal government has finally confirmed that any payments made to employees through the JobKeeper scheme are not eligible for the research and development tax incentive, with companies now...
Posted on
| by Denham Sadler
The federal government is having another go at outsourcing key elements of the research and development tax incentive, despite an audit finding its first attempt proved in many cases...
Posted on
| by Joseph Brookes
The government’s research and development tax incentive is “counterintuitive” to innovation because it fails to focus work into Australia’s areas of strength and provides support only after the work...
Posted on
| by Joseph Brookes
Greater scrutiny of historical tax behaviour of tech giants should be considered by governments when awarding IT contracts, according to corporate tax experts who argue giving the work to...
Posted on
| by Denham Sadler
The national audit office is scrutinising the government’s administration of the research and development tax incentive program and its readiness for a number of changes to take effect in...
Posted on
| by Denham Sadler
Some of Australia’s largest tech companies have written to the tax office requesting a “collaborative workshop” to improve how software claims are dealt with under the research and development...
Posted on
| by Denham Sadler
The upcoming federal budget is an opportunity to relaunch and reform the research and development tax incentive to “restore its profile as the keystone for supporting R&D and innovation”,...
Posted on
| by Denham Sadler
The government has still not moved to implement its planned reforms to employee share schemes more than two years after announcing them, as another inquiry into the scheme gathers...
Posted on
| by Denham Sadler
The federal government’s attempt to spin its “almighty backflip” on the research and development tax incentive as a $2 billion investment in the scheme is a “brazen misrepresentation of...
Posted on
| by Denham Sadler
Highly controversial reforms to the research and development tax incentive have been officially scrapped in a “huge win” for the tech sector, with the federal government backing down from...