Page 2 - Laws Amendment News Today

The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings.

National Treasury is aiming to introduce legislation by 2024 to enact a 15% minimum corporate tax on large companies, part of a global agreement to overhaul international tax rules.

In our submission on the draft package, we commend the progress towards reasserting Commonwealth leadership on housing. State and territory commitments and actions are vital, too, in confronting Australia’s mounting and complex housing challenges. But federal engagement and ambition are essential to make any significant and lasting progress.

New rules are in effect that will see changes for accountants managing super fund lodgement.

The Finance Minister was able to avoid tax rate increases, and even make a positive contribution to reducing the deficit, as a result of better than…

Baker McKenzie's tax team in Johannesburg  analyse the South African National Budget Speech, delivered on Wednesday 23 February 2022 by Finance Minister Enoch Godongwana. The overview includes developments regarding corporate tax, international tax, VAT, carbon tax, as well as customs and excise, other indirect taxes, tax administration, and exchange control. In depth

The Indian government is seeking to prohibit all private cryptocurrencies from operating in the country and only bring an official digital currency regulated by the Reserve Bank of India to operate in the country.

Product intervention power fix passed Product intervention power fix passed 28 June 2021 6:13AM A bill clarifying ASIC’s product intervention power in relation to fees and charges paid by consumers was passed last week. Treasury Laws Amendment (2021 Measures No.4) Bill 2021 includes a provision removing ambiguity about the regulator’s ability to make a product intervention order to regulate fees, charges or other consideration paid by a consumer to a financial product provider for the provi...

Alphabet’s (NASDAQ: GOOGL) Google has announced the addition of News Corp’s (NASDAQ: NWS) media sites to its News Showcase platform. What ...

The full text of his submission is below: Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill 2020 Submission 46 18 January, 2021  Parliament House   To the Senate Standing Committee on Economics,   I am grateful for the opportunity to make a brief submission for the Committee’s consideration,  as it conducts its inquiry into the proposed News Media and Digital Platforms Mandatory  Bargaining Code. I write in my capacity as the inventor of the Worl...