Partners Andy Milidoni and Prashanth Kainthaje have written the Australian chapter for the eighth edition of Global Legal Insights: Corporate Tax 2020.
This publication represents the views of a group of leading tax practitioners from around the world. It provides an overview of corporate tax work over the past year, including key developments, tax climate in each jurisdiction, development affecting attractiveness of jurisdiction for holding companies, including sector focus, and the year ahead in 29 jurisdictions.
Read their article here.
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Multinational groups who use intangible assets as part of their operations should be aware of two new guidance documents published by the ATO.
Foreign surcharges are payable in addition to ordinary stamp duty or land tax. Victoria and Queensland offer exemptions from the foreign surcharges for certain large organisations.
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