Updated build-to-rent tax concession proposals should encourage foreign investment, but the strict eligibility requirements will restrict the number of qualifying projects, say Jock McCormack and Eddie Ahn of DLA Piper Australia
The discontinuation of a proposed measure to deny deductions for certain payments relating to intangibles is among several taxation updates in Australia’s federal budget, as summarised by senior tax practitioners from DLA Piper Australia
Eddie Ahn of DLA Piper Australia outlines the proposed changes to Australia’s thin capitalisation rules, tax deductions for intangibles and tax transparency rules for multinational enterprises.
Eddie Ahn of DLA Piper Australia provides an update on the Minerva Financial Group v Federal Commissioner of Taxation case, which considered the application of Australia’s general anti-avoidance rules to a business restructure.
Eddie Ahn of DLA Piper provides an update on the tax changes impacting the real estate sector in Victoria and considers the ATO’s updated approach to dealings in intangible assets.