Tax Avoidance Taskforce News Today

The New Zealand Tax Podcast: Major tax cuts in the Australian Budget; the problem with Facebook; and Treasury suggests a capital gains tax as part of 'structural reform'

The tech giant settled a long-running dispute with the tax office in 2017 for $31 million – here’s part of what PwC argued on Facebook’s behalf.

The Australian Taxation Office (ATO) has disclosed that a record-breaking $83.8 billion was paid in income tax by large corporations for the 2021-22 financial year.

The Australian Taxation Offices ninth corporate tax transparency report covered 2713 corporate entities.

Resources companies including BHP, Rio Tinto and Fortescue helped raise the federal government corporate tax take by 22 per cent last year.

Each year the Tax Office reveals the number of big companies that pay no tax. But don’t get too mad about this and here’s why…

The ATOs Tax Avoidance Taskforce helped generate an additional $7.6 billion in revenue during the 2022-23 financial year.

Members of the small business community have challenged outgoing Australian Taxation Office commissioner Chris Jordan's latest speech.

The end of the financial year is a good time for businesses and individuals to take stock of their tax obligations and identify tax planning opportunities for the year ahead.

This is how some measures announced this week will work, and what households need to watch out for.