Article Abstract:
The Review of International Taxation Arrangements has led to sweeping reforms making Australia a competitive location for foreign businesses. The changes required for improving the effectiveness of the funds management industry of Australian companies are discussed.
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Article Abstract:
The tax payable by large business is more than the total income, profits, total expenses and total assets paid by corporate sector. The factors taken into account by the ATO to identify the cases of large corporate for possible audits are discussed.
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Article Abstract:
The ATO ploughs more resources into detecting people operating in the cash economy. Various industries and business services will be under intense scrutiny.
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