The Albanese government’s move to tax super funds’ unrealised gains will lead to investors pulling out of or avoiding high growth assets like startups and deep technology companies, Australia’s...
Tax
Posted on
| by Brandon How
The value of claims through the research and development tax incentive (RDTI) scheme’s non-refundable tax offset is estimated to return to pre-pandemic levels this financial year. The non-refundable tax...
Posted on
| by Justin Hendry
As many as 500,000 company directors are yet to sign up to the federal government’s compulsory director ID program, a key element of its efforts to crack down on...
Posted on
| by Joseph Brookes
The Tax Office is giving company directors an extra two weeks to apply for its new compulsory director ID program, with around 700,000 yet to sign up ahead of...
Posted on
| by Joseph Brookes
Global tech and consulting giants routinely engaged by government departments have been shown to be paying only a fraction of tax on multi-billion dollar local income in the latest...
Posted on
| by Joseph Brookes
The Tax Office expects to collect $250 million by cracking down on multinationals exploiting innovation and intangible loopholes to minimise their tax bill in Australia, while government tenderers will...
Posted on
| by Joseph Brookes
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,...
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...