From au.andersen.com: The November 2024 Monthly Tax Update from Andersen Australia outlines recent legislative changes, including the increase in the penalty unit value for Commonwealth criminal offences and the introduction of the Mergers and Acquisitions Reform Bill 2024 to enhance merger control.

Key updates also address improvements to oversight powers of the Inspector-General of Taxation under the Robodebt Bill and the establishment of Digital ID Rules to facilitate secure online identification.

The update also covers significant ATO rulings, compliance approaches, and insights from recent Australian tax cases.