On 30 April 2019, the Law Council of Australia (LCA) made its submission to the independent review of the Tax Practitioner’s Board (TPB) and the operation of the Tax Agents Services Act 2009 (TASA) – see related Tax Technical article. The thrust of the LCA’s submission was that the TASA should be amended and the…
The NZ Inland Revenue has published final versions of its BEPS special reports on the following rules enacted by the Taxation (Neutralising Base Erosion and Profit Shifting) Act 2018 (NZ), covering: large multinational groups; transfer pricing rules; permanent establishment; permanent establishment and hybrid mismatch rule for non-resident withholding tax; hybrid mismatch rules (general) and interest…
The Australian Taxation Office (ATO) is collecting bulk records from Australian cryptocurrency designated service providers (DSPs) as part of a data matching program to ensure people trading in cryptocurrency are paying the right amount of tax. Data to be provided to the ATO will include cryptocurrency purchase and sale information. Deputy Commissioner Will Day said…