September 2022 edition

Tax Insights

The latest tax updates for you and your business

Keep up to date with the latest Australian and International tax news from our market-leading experts.

THE TAX LIBRARY

MULTINATIONAL TAX REFORM
multinational tax reform - could one proposed reform have unintended consequences? 

Liam Telford raises concerns with one of the proposed reforms on intangibles and royalties.

Read more >>

 

120% DEDUCTION FOR SKILLS TRAINING AND TECHNOLOGY


Draft legislation introduced: 120% deduction for skills training and technology

Treasury has released draft legislation that will introduce a “Skills and Training boost” and a “Technology Investment Boost” to help support small businesses.

BEWARE OF THE LIABILITY OF THE ANNUAL VACANCY FEE

Beware of the liability of the annual Vacancy Fee (the so-called “ghost tax”)

The 2017 Federal Budget introduced measures requiring foreign persons acquiring Australian residential property to lodge an annual Vacancy Fee Return and to pay a Vacancy Fee if a residential property is not occupied, or genuinely available on the rental market, for at least 6 months in the preceding 12-month period.

Read more >>

TAXATIONS OF AUSTRALIAN CARBON CREDIT UNITS (ACCUS)


Taxations of Australian Carbon Credit Units (ACCUs)

In the fifth and final instalment of the Tax Chats series, Belinda Crowley discusses Australian Carbon Credit Units (ACCU). ACCUs, which have come up recently in a few instances, are available for issue as a result of projects which comply with the requirements under the Emissions Reduction Fund, or the ERF.

 


For more information
If you require any further information on the above topics or have any tax related questions, please contact your local RSM adviser today.