Digital economy and strengthening Australia’s corporate tax system – Treasury discussion paper released

On Tuesday 2.10.18, the Government released a discussion paper seeking views on options to strengthen the integrity of the corporate tax system, in the age of the digital economy. The Treasurer also noted (in his media release): the Government is concerned that some very profitable, highly digitalised companies pay very little tax in the countries…

Australian Expats revolt at ‘ham fisted’ measure to deny non-residents access to the ‘main residence’ CGT exemption – if sell whilst non-resident, irrespective of prior period of use as the ‘main residence’ and the period of not being resident

Article in Australian Financial Review: 4 October 2018, by Tom McIlroy and Michael Smith.   Canberra/Shanghai | Federal government plans to slug expats millions in capital gains tax if they sell their homes while living overseas could be at risk, amid growing concern from Labor and Senate cross-benchers. [See related Tax Technical article about the…