Crackdown on Labor’s tax loopholes

Press Releases

Australians are getting a fairer tax clip from large multinational companies, with over $4 billion raised in assessments last financial year, according to evidence by the Australian Taxation Office (ATO) to the Senate Economics Committee yesterday. The Turnbull Government welcomes … Continued

AFCA transition team reference panel established

Press Releases

The Turnbull Government welcomes the establishment of an expert reference panel to the assist the transition team to the one-stop-shop dispute resolution scheme, the Australian Financial Complaints Authority (AFCA).  The transition team, led by former Assistant Governor of the Reserve … Continued

Chevron tax case outcome welcomed

Press Releases

The Turnbull Government welcomes the withdrawal of Chevron’s appeal to the High Court over the Australian Taxation Office’s assessment of $340 million in tax and penalties for interest payments made to related offshore parties. Chevron sought to challenge Australia’s transfer … Continued

Uncorking the benefits for wine producers

Press Releases

A prosperous future driven by exports beckons for Australia’s wine industry following the passage today of legislation reforming the Wine Equalisation Tax (WET) Rebate. The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, said the Australian Government’s … Continued

Appointments to the Takeovers Panel

Press Releases

The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, is pleased to announce that the Governor-General recently appointed Ms Tara Page and reappointed Mr Robert McKenzie as part-time members of the Takeovers Panel until 22 March 2020. … Continued