2016

International Masterclass

Source: Victoria

Published Date: 23 Nov 2016

 
Over the last 12 months, cross-border transactions have continued to come under increasing scrutiny on multiple fronts:
  • while the OECD has continued working to devise solutions to address base erosion and profit shifting, Australia has introduced new laws, and is proposing to introduce further laws, targeting multinational tax avoidance
  • new administrative regimes have commenced, with a focus on tax transparency and which provide the Commissioner with greater powers for the collection of tax on cross-border transactions
  • the Australian Taxation Office has undertaken, and is currently undertaking, several significant audits in relation to transfer pricing and profit shifting, with the potential for litigation
  • some states have introduced additional imposts on foreign purchasers and owners of interests in Australian land
  • The High Court of Australia has been giving substantive consideration to the concept of 'central management and control' for the first time in over 40 years!
  • This event presented perspectives on these important developments from senior representatives from private practice, the ATO and the Victorian Bar.

Esquire nominees in murky by waters

Author(s): Stephen Sharpley KC , Annette Charak

New regimes affecting transactions with foreign investors

Author(s): Michelle Bennett CTA , Martin Fry FTI , Jennee Chan CTA

Current areas of interest and initiatives for the ATO

Author(s): Paul Korganow , Shahzeb Panhwar

The new reality - Australia's cross-border tax environment

Author(s): Greg Weickhardt , Peter Collins

Details

  • Published On:23 Nov 2016
  • Took place at:RACV City Club, Melbourne

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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