RSM Australia

International tax

The term 'multinational' isn't just for large corporations anymore. Many different sized companies are going global in a big way and the tax implications are serious.

The ability of a company to profit from a world wide market is often limited by the ever increasing complexity of domestic and international tax rules. This reason alone means it's important you rely on a firm that can help you understand how your business and cross border transactions will be affected by these tax laws.

We offer international tax solutions to Australian businesses currently operating overseas or considering expanding their operations beyond Australia's borders, and to foreign companies wishing to enter the local market.

One firm, a full-suite of international tax services

Through our suite of international tax services, we assist businesses with:One firm, a full-suite of international tax services

  • inbound and outbound investment structuring
  • cross-border structuring to maximise tax efficiencies
  • cross-border cash planning: profit repatriation, funding, currency issues
  • impact of tax treaties on business operations and equity owners
  • financing, capital structures and thin capitalisation planning
  • withholding tax compliance and foreign tax credits
  • transfer pricing reports, planning and consulting

Transfer pricing

At RSM, we have an integrated national and international network of transfer pricing specialists who can assist taxpayers in meeting their specific and unique transfer pricing requirements. Our expertise covers both industry specific and transaction based transfer pricing issues. View our transfer pricing solutions.

OECD and base erosion and profit shifting (BEPS)

RSM have been participating in the OECD discussion on BEPS through presentations to the OECD and submissions to the ongoing debate.

View the latest updates and discussion points on the oecd beps action plan here >>

Australia's hybrid mismatch regime

In response to recommendations by the Organisation for Economic Co-operation and Development (‘OECD’) in Action 2 of it's Base Erosion and Profit Shifting (‘BEPS’) initiative in 2015, Australia has now enacted a new hybrid mismatch regime that generally applies to income years commencing on or after 1 January 2019.

Satyam Computer Services v ATO: international tax war intensifies

Satyam Computer Services has returned to the Australian Courts to again contest Australia’s taxing rights over fees paid by Australian customers for IT/technical services performed by Satyam employees based in India.

Australia takes the next step to taxing the digital economy

The Australian Treasury released a discussion paper in early October 2018 to inform a consultation about whether, and if so, how Australia could introduce an ‘interim measure’ to tax sectors of the digital economy. 

What foreign owners of residential property need to know about lodging their annual return

In late 2017, the Australian Federal Government introduced an annual vacancy fee to be levied on  foreign owners of residential property, where the property is not occupied or generally available on the rental market for at least 6 months in a 12 month period. 

How the PM’s defeat impacts corporate tax rates

Following the proposal for reduced tax rates for corporate entities in 2016, the Treasury Laws Amendment (Enterprise Tax Plan No 2) Bill 2017 (the Bill) was ultimately defeated in the Senate on 23 August 2018 by a vote of 36 to 30. 

Foreign incorporated companies and changes to the tax ruling - What you need to know.

Most will remember the 2016 High Court ruling in the case of Bywater Investments Limited.

Reduced corporate tax rates - what rate of tax will my company pay?

While the legislation is transitioning, some have been left confused about the application of reduced corporate tax rates and the details of eligibility criteria during this state of limbo. To provide some clarity, we take a closer look.

Fringe Benefits Tax – ATO finalise their position on private use of vehicles.

New guidelines for private use exemptions of eligible motor vehicles for Fringe Benefits Tax (FBT) - ATO says yes to making a quick stop to grab a coffee (as long as it doesn’t add more than 2kms to your trip to work and is infrequent) but no to heading to cricket practice after work. 

R&D Tax Incentive Reform - Call for submissions

R&D tax reforms, as announced in the 2018-19 Federal Budget, are steps closer to implementation with the Treasurer and Minister for Jobs and Innovation releasing draft legislation proposed to enact the changes.