WATCH: Heavy rain is bringing relief to drought-stricken communities, and this 18-month-old boy couldn't contain his excitement at seeing it for the first time. #9News
About the rainfall: https://t.co/n2q44inxrq
Corporate residency test: Progress of Board of Taxation review
@JensTaxBlog discusses the latest consultation paper released by the Board on corporate residency.
https://t.co/AOsXCXCz1m
#CorporateResidency#AusBiz#Business#Markets
Australia is the largest producer of potatoes in the southern hemisphere yet up to 40% of potatoes are rejected because they do not meet market specifications. Find out more https://t.co/iZ0jGWOR1H
The fire danger tomorrow is now expected to be worse than originally forecast. The Illawarra/Shoalhaven is now forecast to experience a Catastrophic fire danger, as will Greater Sydney and Greater Hunter. More info here: https://t.co/RQyA5UAi8x #nswrfs#nswfires
Deductible liabilities in mergers and acquisitions – practical issue from ATO guidance
KPMG's Catherine Dean, Scott Farrell & @JensTaxBlog discuss Draft Taxation Determination 2019/D11.
https://t.co/m7Kc3JCOiX
#ATO#AusBiz#Mergers
Introducing KPMG Tax Now - A Podcast Series
In this first episode Tim Keeling, Catherine Dean, & @JensTaxBlog from @kpmgaustralia discuss the hot topic of Thin Capitalisation... it's past, present and future. Full episode here: https://t.co/8ZFwsNHRw8 #KPMGTaxNow#Podcast
Expanded 2019 international dealings schedule
The IDS has expanded to 22 pages on the back of new questions relating to controlled foreign companies, the hybrid mismatch rules and others. #IDS#Hybrids#Business#AusBiz https://t.co/QDKnhuHnsy
KPMG's Jenny Wong explores a Law Companion Guide that sets out how the Commissioner will apply the new similar business test in accessing tax losses, bad debt deductions and net capital losses. #Business#Tax#CorporateTax#TaxLoss#Finance https://t.co/lV9Qa1E21G
Access to tax losses: How similar is your business?
@JensTaxBlog explores the new similar business test in accessing tax losses, bad debt deductions and net capital losses. #TaxLoss#BadDebt#AusBiz#CorporateTax https://t.co/lV9Qa1E21G
Doing business?
The complimentary KPMG Meeting Zone can be booked throughout the conference.
More details at: https://t.co/jyeekd9d9o
Thanks to @kpmgaustralia
Thin capitalisation: ATO interpretive guidance on arm’s length debt test ruling
The @ato_gov_au published the much awaited Draft Taxation Ruling TR 2019/D2 Income tax: thin capitalisation – the arm’s length debt test on 5 April. https://t.co/huVKLaBGbE #ThinCapitalisation
Full Federal Court has allowed an appeal against the look through of limited partnerships in a #tax case involving the sale of shares in an Australian mining company by limited partnerships, where the investors were US-based https://t.co/y0kcCgxhNA