Australia Tax News
Review of tax consolidation rules
23 October 2012
Budget for 2012-13 – details
25 July 2012
Tax relief for small businesses announced
25 July 2012
Company tax rate to be lowered – draft legislation
17 April 2012
Interest withholding tax reduction deferred
22 December 2011
Protocol to treaty between Australia and Malaysia enters into force
18 October 2011
Treaty between Australia and Chile enters into force
27 July 2011
Treaty between Australia and Turkey enters into force
27 July 2011
Protocol to treaty between Australia and Malaysia enters into force
27 July 2011
Protocol to treaty between Singapore and Australia enters into force
9 January 2011
Final Ruling on interaction of thin capitalization and transfer pricing rules issued
27 November 2010
Treaty between New Zealand and Australia enters into force
26 April 2010
Taxation Ruling on interaction of thin capitalization and transfer pricing rules issued
20 January 2010
Treaties between Australia and Netherlands, and between Australia and United Kingdom – ATO confirms Australian Federal Court judgments that no tax on capital gains under pre-CGT treaties
13 August 2009
Treaty between Australia and France enters into force
7 June 2009
Treaty between France and Australia ratified
10 April 2009
Agreements between Australia and Isle of Man signed
16 March 2009
Protocol to treaty between Australia and South Africa enters into force
22 February 2009
Tax changes to help businesses
23 January 2009
New Zealand
24 December 2008
Treaty between Australia and Japan enters into force
24 December 2008
Treaty between Australia and United States – ATO rules payments for hire of substantial equipment not subject to withholding tax
24 December 2008
Treaty between Australia and UK – negotiations
24 December 2008
Debt/equity rules clarified
4 November 2008
The Australian Taxation Office (ATO) released for comment Draft Taxation Determination ATO TD 2008/D15, which considers the Australian (and UK) taxation consequences of paying and receiving a return under an enhanced bond investment by an Australian taxpayer from a UK bank. The Draft Determination was released on 24 October 2008 and comments are invited by 21 November 2008.
4 November 2008
OECD released 2008 Model Tax Convention
7 October 2008
Business income of foreign hybrid exempt
7 October 2008
Draft legislation on State Bonds withholding tax exemption
30 August 2008
Capital gains participation exemption clarified
30 August 2008
Discussion draft on New Art. 7 of OECD Model – details
30 August 2008