Australian Board of Taxation Consulting on Corporate Tax Residency

The Australian Board of Taxation has launched a public consultation as part of a review of the operation of Australia’s corporate tax residency rules to ensure that the rules are operating appropriately in light of modern, international and commercial board practices and international tax integrity rules. For this purpose, the Board has prepared a consultation paper in order to initiate the first part of its review. The consultation paper sets out some observations on the current corporate …