Fed Govt introduces legislation to ensure multinationals pay the right amount of tax
By James Harkness · 16 February 2018 · Locked
By James Harkness · 16 February 2018 · Locked
The Federal Government is cracking down on corporate tax loopholes, but what does this mean for Australian businesses and individuals? Find out how this move could impact your finances.
The Federal Government is acting to improve the integrity and operation of the business tax system by introducing legislation to close loopholes in the tax consolidation regime that create unintended tax outcomes, Minister for Revenue and Financial Services, Kelly O’Dwyer has announced. According to Minister O’Dwyer, the tax consolidation regime, in allowing wholly-owned corporate groups […]
Tags: Business Tax, Government, Kelly O’Dwyer, loophole, multinational, Tax, Treasury Laws Amendment (Income Tax Consolidation Integrity) Bill 2018