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Helping Australia’s Agribusinesses adapt to changes to Australia’s foreign bribery laws

Insights - Australia

Helping Australia’s Agribusinesses adapt to changes to Australia’s foreign bribery laws

New legislation may make Australian companies liable for bribery of foreign public officials undertaken anywhere in the world.

21 February 2018

Diverted Profits Tax – further ATO guidance issued in draft

On 7 February 2018, the Australian Taxation Office released draft Practical Compliance Guideline PCG 2018/D2, outlining its compliance approach to the diverted profits tax.

20 February 2018

Design your energy future: the National Energy Guarantee

The new independent Energy Security Board has released an initial public consultation paper with high-level design options for the Australian Government’s new energy policy, the National Energy Guarantee....

16 February 2018

Consumer law no longer the poor cousin

The Treasury Laws Amendment Bill was recently introduced which will, if passed, increase penalties for many breaches of the Australian Consumer Law.

16 February 2018

Bare trusts laid bare: Board of Taxation recommendations

On 14 February 2018, the Board of Taxation publicly released its Review of the Tax Treatment of Bare Trusts and Similar Arrangements, which was prepared in June 2017.

16 February 2018

Productivity Commission releases draft report on Competition in the Australian Financial System – stability and competition

The Productivity Commission's draft findings from its inquiry into competition in the Australian Financial System rreveal that Australia’s regulation has favoured stability over competition.

15 February 2018