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Tax

Key corporate tax measures in the 2024/25 Federal Budget

The 2024/25 Federal Budget has been handed down and as expected, while it included certain measures which will likely impact a number of corporate businesses (such as the circa $20 billion investment in 'Future Made in Australia' priority industries), the core focus was on the cost of living and personal tax measures.
May 15, 2024
Tax

Significant ATO win in Pepsi Australian corporate tax case – implications for corporate entities

The Australian Taxation Office has had a significant win in a recent case in the Federal Court of Australia involving international beverage giant Pepsi Co.
December 18, 2023
Tax

Should tax agents be concerned about Taxpayer Alert 2022/1 and TASA?

Much has been written on the recent release by the Commissioner of the package of draft ruling and determination dealing with the ATO’s long-awaited views on the application of s 100A and repeal of the current administrative treatment of UPEs for Div 7A purposes with proposed effect from 1 July 2022.
March 18, 2022
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