August 6th, 2009
Australia’s tax authorities have vowed to scrutinise taxpayers’ transfer pricing activities and thin capitalisation rules in a bid to help businesses and individuals facing genuine hardship during the economic downturn.
July 23rd, 2009
We have long pointed to the fact that the United States is, to a very significant degree, a secrecy jurisdiction, not least through dirty practices offered in places such as Delaware
. It isn't something that people like to mention in polite company.
Now we're very heartened to see the Australian tax office has written an open submission
to the US Senate Committee on Homeland Security and Governmental Affairs, which includes the following strongly-worded:
"In our opinion, entities established in some states of the USA, for example some US incorporated companies, have some of these same...
July 20th, 2009
WASHINGTON, D.C. – The Assistant Treasurer, Senator Nick Sherry, today reaffirmed the strong international partnership between Australia and the United States over tax cooperation, including on tax havens, tax evasion and other tax abuse issues currently on the G20 agenda.