Category: Tax

Tax Commissioner Chris Jordan launches review into tax fraud case

Tax Commissioner Chris Jordan launches review into tax fraud case

Tax Commissioner Chris Jordan has launched an internal review of the Tax Office’s policies and procedures following revelations and...

Labor backs bank tax, despite misgivings about revenue

Labor backs bank tax, despite misgivings about revenue

The Labor Party has indicated it will pass the bank levy legislation through the Senate. This is despite a poll showing that four in five...

Budget has a tax hike and slugs banks

Budget has a tax hike and slugs banks

Taxpayers and the banks will do the heavy lifting to repair the budget deficit. The budget delivered last night will see Australians paying...

Scott Morrison announces inquiry into GST carve up

Scott Morrison announces inquiry into GST carve up

The Treasurer Scott Morrison has ordered an independent inquiry into the distribution of the Goods and Services Tax between the states. The...

Google to challenge ATO ruling

Google to challenge ATO ruling

Google says it will fight an Australian Taxation Office assessment of its tax bill. Google Australia’s financial results filed on Friday...

White House unveils “biggest tax cut” in US history

White House unveils “biggest tax cut” in US history

The White House has laid down its proposal for a massive tax overhaul for businesses and individuals. Calling it the “biggest tax cut”...

Global stocks surge on French poll relief and Trump tax talk

Global stocks surge on French poll relief and Trump tax talk

Global stocks have hit record highs reflecting investors’ relief at centrist Emmanuel Macron’s victory following the first...

WA business leaders to challenge Malcolm Turnbull on GST

WA business leaders to challenge Malcolm Turnbull on GST

West Australia’s most prominent business leaders plan to confront Prime Minister Malcolm Turnbull over what they see as shortcomings in...

Australian mortgage bond sales soar despite risks

Scott Morrison rules out tax measures to tackle debt and housing crisis

The Treasurer Scott Morrison has indicated the government is unlikely to change capital gains tax concessions to fight the housing...

Push for a broader tax cut before the next election

Push for a broader tax cut before the next election

The Business Council of Australia believes tax cuts for firms with a turnover up to $50 million is just the first step to broader cuts for...