Victorian Bushfires – Tax and Duty relief

Victorian Bushfires – Tax and Duty relief

January 29, 2020

The Victorian Government has announced a range of tax relief measures for people and businesses affected by bushfires. They include: -Land tax relief on properties that have been affecte...Read More Read More

CbC reporting guidance from OECD updated

January 23, 2020

The OECD has released updated guidance on the Country-by-Country (CbC) reporting regime under BEPS Action 13 to give multinational groups and tax authorities more certainty around implementa...Read More Read More

Tax assistance to bushfire victims extended

January 23, 2020

The ATO has extended its package of tax assistance for people impacted by the bushfires in New South Wales, Victoria, Queensland, South Australia and Tasmania as part of the whole-of-gove...Read More Read More

Reforming individual tax residency rules: Board of Taxation recommendations

January 23, 2020

The Board of Taxation's recommendations include having the 183-day test as the primary rule for tax residency supplemented by a “commencing residency test” for individuals who are not re...Read More Read More

CGT main residence exemption is removed from 30 June 2020 for Foreign Residents

January 21, 2020

Foreign residents will be no longer claim the CGT main residence exemption upon disposal from 30 June 2020. The new legislation has removed the main residence exemption for foreign residents...Read More Read More