On 8 February 2016, the Organisation for Economic Co-operation and Development (OECD) announced that Kenya signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (Convention).
The Tax Laws Amendment (Implementation of the Common Reporting Standard) Bill 2015 passed the House of Representatives without amendment and will move to the Senate for consideration.
The House of Representatives Standing Committee on Economics has released a transcript of its public hearing inquiry into tax deductibility, held in Canberra on 5 February 2016.
The Australian Taxation Office (ATO) is reminding Australians planning to move overseas not to get caught out by recent changes to the compulsory repayment of Higher Education Loan Programme (HELP) and Trade Support Loans (TSL) debts.
- BAS reporting of offshore to offshore supply of goods
- Registering for new roles - income tax withholding
The Australian Trade Commission (Austrade) released the 2016 Benchmark Report: Australia: 25 Years of Consecutive Growth (Benchmark Report).