BDO: prepare for transfer pricing crackdown
From www.accountingtimes.com.au: BDO has alerted firms to prepare for changes in ATO transfer pricing regulations, which will be implemented for income years starting January 1, 2024.… read more
Foreign Investment
Essential insights for Multinational Enterprises
From pkf.com.au: Australia’s thin capitalisation regime introduces the Third Party Debt Test and Debt Deduction Creation Rules to limit excessive debt deductions by multinational enterprises.… read more
How property transactions are impacted by merger regime
From www.claytonutz.com: Starting January 1, 2026, certain high-value acquisitions of Australian real estate must be notified to the ACCC and cleared before completion, alongside existing foreign investment regulations.… read more
FIRB portal changes: What renewable energy investors need to know
From www.holdingredlich.com: Australia’s new Foreign Investment Review Board portal, launched on 24 February 2025, transforms how foreign investors, particularly in renewable energy, submit and manage compliance applications by requiring verified digital identities and centralising reporting.… read more
PRC Tax Collection and Administration Changes
From alvarezandmarsal.com: The State Taxation Administration and Ministry of Finance have released a draft revision of the PRC Tax Collection and Administration Law that proposes significant changes to taxpayer obligations, including expanded anti-avoidance measures and uncapped late payment surcharges.… read more
IRS proposes to end penalties on basis-shifting transactions
From www.accountingtoday.com: (US context) The Treasury Department and the IRS plan to withdraw regulations that classified basis-shifting transactions among partnerships and related parties as “transactions of interest,” which had previously been targeted for penalties.… read more
Private Equity Tax Update – April 2025
From alvarezandmarsal.com: Private equity managers are encouraged to explore flexible structures for management equity plans and address potential tax implications in corporate carve-outs.
Proposed changes to foreign resident capital gains tax and ongoing developments in payroll taxes for the healthcare sector require careful consideration for strategic planning.… read more
Global Disruptions, Local Impact: Challenges for Asian Funds
From alvarezandmarsal.com: Asian funds and investors are navigating global economic changes and tax challenges by adopting innovative strategies and proactive planning.
Key tools include tax insurance, smaller funds with simpler structures, and customized investment solutions to address valuation pressures and liquidity needs.… read more
British Virgin Islands Taxation for HNIs
From pbl.legal: The British Virgin Islands offer significant tax advantages for high net worth individuals by minimising direct taxes and focusing on indirect taxes.
BVI also ensures transparency through international tax information exchange agreements while maintaining confidentiality and compliance with global standards.… read more
America First Investment Policy, China-Italy DTA
From alvarezandmarsal.com: Trump’s “America First Investment Policy” and changes in international tax treaties are shifting tax policies, impacting areas like withholding taxes, permanent establishments, and individual income tax exemptions.… read more
Ban on foreign purchases of established dwellings
From www.holmanwebb.com.au: The Federal Government of Australia announced a temporary ban on foreign purchases of established dwellings starting from April 1, 2025, lasting at least two years.… read more