Treasurers have a duty to keep tax costs down—and often use complicated structures to do so—but where do they draw the line? A fresh report reveals the common structures used by aged care providers to reduce tax.
With as many as 700 companies – including multinationals – paying no Australian tax at the end of 2017, the government announces tighter laws around foreign trusts.
Regulators in Australia are pushing hard for corporate disclosure of climate-related financial risks. Cybersecurity and blockchain are also high priorities.
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.