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Showing 61 - 70 of 120 results for "Tax System"

Industry bodies respond to Hockey's tax debate

ALEX BURKE  |  MONDAY, 30 MAR 2015
... economy, is more than willing to help formulate policy and advocate for this important next tranche of reform of our tax system." While broadly supportive of existing concessional tax treatments for superannuation - as it is "compulsory and cannot be ...

Treasury opens discussion on tax reform

ALEX BURKE  |  MONDAY, 30 MAR 2015
... Treasurer Joe Hockey has issued the Tax Discussion Paper, raising fundamental questions about the future of Australia's tax system. The paper will open a debate until the 2016 election and will ideally inform the tax policy ideas the Government will ...

Super is working but can be improved: Ripoll

MARK SMITH  |  FRIDAY, 20 FEB 2015
... outlays because individual superannuation savings. At the same time, he added, Treasury estimates that the cost to the tax system and ultimately to the tax-payer of concessions is around $30 billion. However, he did target areas for improvement such ...

FPA asks for tax deductible advice in budget submission

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
... encouraging a savings culture and improving Australians' retirement preparedness, as well as removing inconsistencies in the tax system.

AIST and Mercer launch new super tracker

STAFF WRITER  |  FRIDAY, 9 JAN 2015
... evidence based evaluation. "We've had the Financial System Inquiry Final Report, now we're waiting for the review of the Tax System - it's a crucial time to be making evidence-based decisions and the AIST-Mercer Super Tracker will facilitate this," he ...

Hockey names infrastructure top priority for G20

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... multinationals pay tax in the countries where they earn their income. "We are determined to improve the integrity of the global tax system by addressing the erosion of our collective tax base through work undertaken by the OECD." He said he would support ...

ATO considers increasing Bitcoin control

LAURA MILLAN  |  FRIDAY, 22 AUG 2014
The Australian Taxation Office (ATO) could be asking Bitcoin and other crypto-currency holders to keep records of their transactions. The ATO has released guidance of the tax ramifications of crypto-currencies and how various parts of the tax law apply ...

Murray inquiry should simplify investment tax structures

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
... for foreign investors." He noted that Australia's current system "has tax implications" and asked for a change of the tax system "to allow any form of investment: through partnership, corporate, based on a contract or on a trust fund. "We are recognised ...

ATO issues warning ahead of tax haven crackdown

STAFF WRITER  |  FRIDAY, 28 MAR 2014
... income." "There's also the future benefits we'll achieve by bringing these assets and income back into the Australian tax system," Jordan said. Thanks to international cooperation, the ATO has made significant progress in collecting offshore tax revenue. ...

ATO initiative raises $640 million from wealthy Australians

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
... associated with tax manipulation, avoidance and schemes. Their compliance also helps instil community confidence in the tax system. The ATO has undertaken direct enforcement action, including comprehensive reviews and audits. It has also engaged with ...