Australia
This week in tax: PwC reportedly reaches multimillion-dollar settlement with ex-partner over payouts
The deal comes after PwC had accused Paul McNab of using confidential information; in other news, McDermott hired a new London tax head from a US rival
The Labor government has done more than any previous administration to crack down on multinational tax avoidance, Andrew Leigh also tells ITR
Krause will take the reins until President Trump’s pick Billy Long assumes the role; in other news, CohnReznick became the latest tax firm to receive private equity backing
Recent ATO guidance on how companies can demonstrate arm’s-length funding highlights how it is ‘one of the most transparent tax authorities in the world’, one adviser tells ITR
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Sponsored by DLA Piper AustraliaJock McCormack of DLA Piper Australia reviews crucial new government guidance on tax and related issues involved with software licensing and distribution and intangibles migration arrangements
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Sponsored by DLA Piper AustraliaJock McCormack of DLA Piper Australia reports on substantial amendments to the prior draft of Australia’s thin capitalisation reforms and a landmark ruling concerning the application of royalty withholding tax and diverted profits tax
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Sponsored by DLA Piper AustraliaJock McCormack of DLA Piper Australia provides an update after the issuance of a draft ruling on the operation of a new investment vehicle that is governed by trust taxation rules
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