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The Australian Federal Government has just released its budget for 2023-24. The K&L Gates tax team outlines the key announced tax measures and our instant insights into what they mean...
Australia 2023 2024 budget various tax reductions encouraging foreign investment and environmental improvements Build to Rent Managed Investment Trust reduction withholding tax foreign investors Clean building MIT withholding tax concession energy efficient data centres warehouses
Conservative contenders are forgetting that the government stimulates the economy by spending.
The European Commission has published its proposal for a Directive to implement the OECD Pillar Two Global Anti-Base Erosion rules (the "OECD GloBE Model Rules").
A 15 percent effective tax rate should be applied to multinationals in the European Union (EU), according to a Directive issued on Friday by the European Commission. The 15 percent tax rate was agreed on by 137 countries in October this year, under the OECD (Organization for Economic Co-operation and Development) and G20 Inclusive Framework. ...