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Introduction of a Patent Box

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

COVID-19: (Australia) Frequently Asked Taxation Questions

*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

Fashion Law Newsletter - December 2018

"People will stare. Make it worth their while." - Harry Winston Welcome to our latest edition of Fashion Law. In this edition we look at the steps the New South Wales and Australian Governments are taking to tackle...more

That's Super

The question of superannuation payments is an important issue which often arises where a former disgruntled employee seeks additional payments, where an employer has to back-pay an employee or even where an employer is...more

Franchising Update - May 2018

We are expecting 2018 to continue to be busy in the franchising industry. In a release on 23 March 2018, the ACCC announced its priorities for 2018 including "a particular focus on Franchising Code of Conduct issues involving...more

Implications of the Chevron Case for Multinational Clients

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

Implications of the Chevron Case on the Pharmaceutical Industry

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

Border Adjustment Tax

The House Republicans have proposed sweeping changes to the U.S. tax system, specifically that income from the export of goods, services and intangibles will not be subject to federal income tax, and that the cost of such...more

2/13/2017  /  Australia , Border Tax , Exports , Imports
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