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ANU study bolsters call for Australian sugar tax

July 11, 2017

ANU study bolsters call for Australian sugar tax Steven Trask, The Sydney Morning Herald, 7 July 2017 Calls to impose a controversial sugar tax in Australia have been bolstered by a new study led by researchers from the Australian National University. The study, performed in Thailand, suggested that thousands of cases of type 2 diabetes

ATO takes aim at individuals over dodgy expenses

July 11, 2017

ATO takes aim at individuals over dodgy expenses Rosie Lewis, The Australian, 6 July 2017 The Australian Taxation Office will launch a crackdown on dodgy work expenses and rental deductions after revealing the amount of tax individuals had failed to pay was on par with the $2.5 billion owed by large corporations. In a move

AustralianSuper ‘not concerned’ about bank tax

July 11, 2017

AustralianSuper 'not concerned' about bank tax Clancy Yeates, The Sydney Morning Herald, 6 July 2017 The country's biggest superannuation fund has not changed its view on investing in banks as a result of the federal government's major bank tax, despite bank claims the policy will hit all Australians' retirement savings. As AustralianSuper reported returns of

The risks of losing our “tax morale”

July 11, 2017

The risks of losing our "tax morale" Andrea Michaels, InDaily, 4 July 2017 Having reached the end of financial year, our thoughts are turning to tax time. It’s the only time of year most of us give a thought to the ATO. But while most people are mindful to stay within the guidelines, it’s important

Coopers Brewery says cheers as South Australia’s bank tax is blocked

July 11, 2017

Coopers Brewery says cheers as South Australia's bank tax is blocked Simon Evans and James Frost, The Australian Financial Review, 4 July 2017 The chairman of Australia's biggest independent beer company, Coopers Brewery, says the blocking of a proposed state-based bank tax is an important development for South Australia because the tax would have

ATO signals tax windfall for wealthy

July 11, 2017

ATO signals tax windfall for wealthy Nick Tabakoff, The Australian, 4 July 2017 The tax office has potentially opened the floodgates for family investment companies across the country to claim back hundreds of millions of dollars in company tax, after issuing a landmark ruling that signals a wave of future ­refunds. The likely refunds would

Petroleum tax: Warning of ‘significant damage’ to Australian economy if PRRT is replaced

July 11, 2017

Petroleum tax: Warning of 'significant damage' to Australian economy if PRRT is replaced Eryk Bagshaw, The Sydney Morning Herald, 3 July 2017 The author of a landmark report into Australia's petroleum tax regime has warned replacing the existing tax would have damaging consequences despite claims Australia is missing out on billions of dollars in

SA bank tax blocked by opposition

July 11, 2017

SA bank tax blocked by opposition Clancy Yeates, The Sydney Morning Herald, 3 July 2017 South Australia's opposition has vowed to block the state government's bank tax in the upper house, after a fierce campaign against the $370 million levy from the powerful banking industry. After a party room meeting on Monday afternoon, opposition leader

Will the G20 ever end the global problem of tax avoidance and tax evasion?

July 11, 2017

Will the G20 ever end the global problem of tax avoidance and tax evasion? Tax Justice Network, 3 July 2017 Ahead of the G20 Summit in Hamburg this week our own George Turner has published this op-ed in the German newspaper Die Tageszeitung today. The article discusses why, despite sustained political engagement from world

Petroleum resource rent tax best way to achieve fair return, Scott Morrison says

July 02, 2017

Petroleum resource rent tax best way to achieve fair return, Scott Morrison says Gareth Hutchens, The Guardian, 30 June 2017 Scott Morrison says the Turnbull government has accepted in-principle the 12 recommendations from the Callaghan Review of the controversial petroleum resource rent tax (PRRT). He says the PRRT does not need overhauling, and remains “the