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Showing 1 - 5 of 5 results for "Thin Capitalisation"

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... Amendment (Making Multinationals Pay Their Fair Share-Integrity and Transparency) Bill 2023 amends Australia's thin capitalisation rules. The legislation will limit the amount of interest expenses that entities can claim as tax deductions. The measures ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... raised concerns about the compressed timeframe to finalise "complex and profound'' legislative amendments on thin capitalisation rules and intangible assets, both of which are due to take effect from 1 July 2023. "Australia has always been a high-taxed ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... are paying their fair share of tax in Australia." This discussion paper seeks to amend Australia's existing thin capitalisation rules to limit interest deductions for MNEs in line with the Organisation for Economic Cooperation and Development (OECD)'s ...

New CEO at Board of Taxation

DARREN SNYDER  |  MONDAY, 29 FEB 2016
... arrangements and global loan facilities. She has particular skills in managed investment trusts, debt, equity and thin capitalisation provisions. Payne will remain an executive member of the Board of Taxation where she is currently chairing an important ...

PE won't be allowed to cause systemic risks: Costello

ALEX DUNNIN  |  FRIDAY, 13 APR 2007
... Qantas takeover bid, he said, "Australia is not going to allow these companies to load debt in Australia with thin capitalisation. I have given a warning about that."
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