Australia’s transfer pricing legislation has now imported the most recent updates to the OECD’s Transfer Pricing Guidelines that were published on 10 July 2017.
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Global Reporting & Compliance Posts
Treasurer flags record $184.5bn Budget deficit
The Treasurer, Josh Frydenberg has released an Economic and Fiscal Update July 2020, forecasting an underlying cash Budget deficit of $85.8bn for 2019-20, rising to $184.5bn for 2020-21 (or 9.7% of GDP).
Read moreJobKeeper extended with cuts and tests ahead
The Government has announced that JobKeeper payments will continue for 6 months beyond its legislated finish date of 27 September 2020, subject to revamped eligibility rules.
Read moreInfographic: What is the future for tax and global trade when the COVID-19 dust settles?
The world wonโt ever be the same post COVID-19.
So what is the future for tax, globally? Our countryโs
top tax experts share their predictions.
Do you have a hawk-eye view on regulatory changes during COVID-19?
Thomson Reuters has recently launched a unique visual dashboard to show movement in legislation across more than 200 countries. The Tracker covers pandemic-driven changes in more than 300,000 jurisdictions.
Read moreGlobal Regulatory Tracker: COVID-19
With rapid regulatory changes across the world, how do you make quick decisions to minimise impact on your global operations? Our ๐ฎ๐-๐ฎ-๐ด๐น๐ฎ๐ป๐ฐ๐ฒ ๐๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ gives you instant real-time access to new tax rates, submission deadlines and payments of indirect tax, corporate income tax, property tax, excise tax and transfer pricing at your fingertips. ๐ฏ๐ฎ๐ฌ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป๐ across ๐ญ๐ฎ๐ฒ ๐ฐ๐ผ๐๐ป๐๐ฟ๐ถ๐ฒ๐. ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ก๐ผ๐
Read moreSSON Report: Harmonizing Global Financial Reporting and Tax.
Even before the events surrounding the COVID-19 pandemic hit global markets, finance had been under significant pressure to transform beyond simply executing transactions, to ensure cashflow and become a partner in delivering intelligence across the business.
Read moreWhy tax compliance needs dedicated software
Tax compliance in India is a complex business and can involve multiple departments across an organisation working together to fulfill any outstanding issues.
Read moreDAC6 reporting requirements are right around the corner โ and compliance is complicated
The sixth version of the European Unionโs Directive on Administrative Cooperation โ commonly referred to as DAC6 โ brings new corporate tax reporting obligations into full force on July 1.
Read moreCorporationsโ shared service centers are moving up the value chain
As companies’ shared service centers become a more valued part of business, they’re paving the way for automated, centralized financial reporting and tax compliance.
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