On 25 September 2015, the Organisation for Economic Co-operation and Development (OECD) issued a media release regarding Base Erosion and Profit Shifting (BEPS).
KPMG China has prepared a report entitled SAT solicits public comments on new China transfer pricing and special tax adjustments guidance discussion draft.
The Australian Taxation Office (ATO) issued a Decision Impact Statement (DIS) in response to the devision of the High Court of Australia (HCA) in Power v. Deputy Commissioner of Taxation  HCASL 198.
- Tax Time update – 22 September 2015
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The Minister for Immigration and Border Protection, Peter Dutton, announced the entry into force of the First Protocol to Amend the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area on 1 October 2015.
The Minister for Foreign Affairs, Julie Bishop, and the Attorney-General, George Brandis, have expressed disappointment over the decision of the Government of Timor-Leste to initiate arbitration against Australia over the right to tax the pipeline to Darwin from the Bayu Undan gas field in the Joint Petroleum Development Area.