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The Federal government has recently released draft legislation in support of geothermal energy to provide similar tax concessions enjoyed by mining and petroleum explorers. Under the measures proposed to take effect from 1 July...
Thu, 31 May 2012
The 2012-13 Australian Federal Budget has resulted in a number of unfavourable changes which will impact the amount of tax payable by nonresidents that either work or invest in Australia. Whilst the Federal Government has...
Fri, 11 May 2012
Recently released draft legislation will give the Australian Taxation Office (ATO) broader powers to reset losses to profits as a part of Australia’s transfer pricing rules. The proposed changes make it clear that the ATO is...
Tue, 1 May 2012