The Australian Federal Government (the Government) has just released its budget for 2024-25. The K&L Gates tax team outlines the key announced tax measures and our instant insights into what they mean for you in practice....more
Australia welcomes new business and foreign investment by providing a strong economy, a stable political environment and a skilled and talented workforce. Our comprehensive guide to Doing Business in Australia has been...more
4/19/2024
/ ASIC ,
Australia ,
Australian Competition and Consumer Commission (ACCC) ,
Australian Securities Exchange (ASX) ,
Board of Directors ,
Business Development ,
Business Entities ,
Capital Gains Tax ,
Competition ,
Copyright ,
Corporate Governance ,
Data Breach ,
Data Privacy ,
Digital Assets ,
Disclosure Requirements ,
FinTech ,
Foreign Corporations ,
Foreign Investment ,
Foreign Ownership ,
Franchises ,
Franchisors ,
Immigration ,
Income Taxes ,
Insolvency ,
Intellectual Property Protection ,
Investment Funds ,
Investors ,
Joint Venture ,
Limited Partnerships ,
Modern Slavery Act ,
National Security ,
Notice Requirements ,
Partnerships ,
Patents ,
Regulatory Oversight ,
Risk Mitigation ,
Securities ,
Sole Proprietorship ,
Supply Chain ,
Tax Rates ,
Thin Capitalization ,
Trademarks ,
Trusts ,
Venture Capital
As trailed in Part 1 of our build to rent (BTR) series, the Australian Government has announced plans to remove some of the key income tax barriers to BTR projects. In this Part 2, we take a closer look at those plans (and...more
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 for you in practice....more
The Commonwealth Government and NSW Government will both be offering financial support to NSW businesses impacted by the recent COVID-19 restrictions and stay-at-home orders. We have tabled the key components of the 2021...more
As announced in the Federal Budget 2021-22, the Government will encourage innovation in Australian medical and biotech technologies by introducing a "patent box" system. From 1 July 2022, the patent box will tax income...more
There have been a number of policy and funding developments applicable to the hydrogen energy industry in Australia since the release of K&L Gates' The H2 Handbook in October last year. These developments have come at both...more
Hydrogen—the smallest molecule, but one that holds the potential to be an energy superhero and play a significant role in reducing carbon emissions and slowing climate change.
The H2 Handbook provides a comprehensive...more
Clive Cachia and Betsy-Ann Howe discuss with host David Wochner government incentives programs for and tax considerations impacting foreign investment in the hydrogen industry Down Under....more
Crowdfunding – a mechanism which connects people in need directly to those who are able to provide support – has completely revolutionised the traditional fundraising landscape. But it can come at a cost if the fundraising is...more
Corporate Tax Residence - Consistent with the recommendations contained in the Board of Taxation report to the Government on reforming the corporate residency test, the Government has announced that the law will be amended...more
* This information set out in this Guide is accurate as at 9.00 am on Monday 27 April 2020 and is subject to change as the situation evolves. Welcome to our employer guide to the Australian Government's JobKeeper scheme....more
OPPORTUNITIES FOR LOSS UTILISATION IN THE CURRENT ENVIRONMENT? The recent Full Federal Court decision in Greig v Commissioner of Taxation [2020] FCAFC 25 (Greig) has highlighted the difficulty in distinguishing whether...more
* This information set out in this Guide is accurate as at 9.00 am on Tuesday 14 April 2020 and is subject to change as the situation evolves. Welcome to our employer guide to the Australian Government's JobKeeper Payment...more
*This information is accurate as of 9.00 am Wednesday 8 April 2020 and is subject to change as this situation evolves. New information will be updated once announced.
In light of the economic uncertainty triggered by...more
* This information set out in this Guide is accurate as at 12.00 pm on Friday 3 April 2020 and is subject to change as the situation evolves
In Australia, the unprecedented wage subsidy is projected to cost A$130 billion...more
*This information is accurate as of 7.00 pm Monday 30 March 2020 and is subject to change as this situation evolves.
In light of the current global circumstances due to the COVID-19 pandemic, the Australian Government has...more
*This information is accurate as of 9.00 am Tuesday 24 March 2020 and is subject to change as this situation evolves. BACKGROUND - The response by business to COVID-19 is changing both business and how people work, triggering...more
From 1 April 2020, company directors will be personally liable for any unpaid GST, luxury car tax (LCT) and wine equalisation tax (WET), in addition to the pay as you go withholding (PAYGW) and superannuation guarantee...more
Our comprehensive Guide to Doing Business in Australia, developed from the experience of our lawyers across our four key markets in Brisbane, Melbourne, Perth and Sydney, explores the many legal and regulatory factors to...more
12/5/2019
/ Anti-Money Laundering ,
Australia ,
Board of Directors ,
Competition ,
Corporate Counsel ,
Corporate Governance ,
Doing Business ,
FIRB ,
Foreign Acquisitions ,
Foreign Investment ,
Income Taxes ,
Intellectual Property Protection ,
Partnerships ,
Patents
Australia and Israel recently signed a double tax agreement providing further opportunities for bilateral trade and investment between the two countries. The DTA is the Convention between the Government of Australia and the...more
In recent years, the Australian Taxation Office (ATO) has focused much energy in the transfer pricing arena, firstly due to the issue becoming part of the OECD's ongoing investigation into international tax practices and...more
In recent years, the Australian Taxation Office (ATO) has focused much energy in the transfer pricing arena, firstly due to the issue becoming part of the OECD's ongoing investigation into international tax practices and...more
K&L Gates' Global Tax Group has been monitoring the potential impact of the Border Adjustment Tax (BAT) across a number of jurisdictions.
In our 14 February 2017 update, we commented that issues regarding the legality of...more
In Taxpayer Alert TA 2017/1, the Australian Tax Office (ATO) has announced that it will be targeting arrangements which fragment integrated trading businesses, with particular emphasis on the inappropriate use of stapled...more