The Assistant Treasurer, Josh Frydenberg, released the Inspector-General of Taxation's Review into the Australian Taxation Office's (ATO) administration of valuation matters.
On 19 January 2015, Treasury released an Exposure Draft (ED) of legislation on the income tax ‘look through’ an instalment warrant and instalment receipt trust.
On 16 January 2015, the Australian Taxation Office (ATO) released 2 Withdrawals.
The Australian Prudential Regulation Authority (APRA) released a response to submissions and final versions of four reporting standards, reporting forms and instructions for APRA-regulated superannuation funds.
On 18 January 2015, the Institute of Public Affairs (IPA) issued a media release discussing the proposal of extending the goods and services tax (GST) to online overseas purchases of $1,000 or less.
The Assistant Treasurer, Josh Frydenberg issued a media release on discussions with key government and business representatives on promoting Australia's financial services industry in Asia and Europe.
For an Australian Tax Director interested in a brief overview of the latest tax developments internationally, a selection of recent KPMG publications available via various KPMG websites is shared.