Taxation

Tax evaders should be feeling the net closing

Net closing on tax evaders


Data from Deloitte Access Economics estimates that GDP per person in Australia is close to A$5000 higher due to the digital economy.

Digital economy raises tax questions


Many firms undergoing transformation overlook including their clients in the process, and ultimately end up imposing their changes without external consultation.

Include clients in your transformation journey: ATO


Despite a slow start, the number of electric cars on Australian roads is set to increase significantly.

Electric cars pose threat to tax revenue


The bright-line test is a clearly defined rule that leaves little or no room for varying interpretations.

Understanding the bright-line test


The ATO is working on solutions to help smaller employers meet their STP obligations next year.

ATO seeks to streamline STP for small entities


We live in a highly digitalised society, where the concept of “public image” has a completely different meaning than it used to.

Pros and cons of 'fame tax' on celebrity image rights


India is experiencing an e-commerce boom as start-ups emerge and consumers jump on the digital bandwagon.

India's road to global economic powerhouse is paved with reform and innovation


As people age and retire they not only stop paying income tax but increasingly direct their spending to categories which do not attract GST.

Workers the losers as consumption taxes shrink


A random sample of 858 tax returns found an error rate of 72 per cent, with agent-prepared returns with an error rate of 78 per cent.

Work-related expense claims the main culprit as tax gap puts focus on tax agents


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