Tag: tax

Bragg pushes tax minimisation clampdown on big tech

Posted on   |  by David Allen
Opposition frontbencher Andrew Bragg has put tech multinationals in the crosshairs of a future Coalition clampdown on tax minimisation, saying past efforts by his party to stop companies offshoring...

Big tech news tax finalised to fund Australian journalism

Posted on   |  by Joseph Brookes
Microsoft has been swept into Labor’s highly anticipated plan to fund news journalism through a levy on big tech, with the charge rate also increased in the final revisions before...

Greens deal clears path for CGT overhaul

Posted on   |  by Justin Hendry
Controversial changes to the capital gains tax discount are set to pass parliament as soon as Thursday after the Albanese government struck a deal with the Greens in exchange...

Greens push to hit Big Tech giants with $11.5bn tax

Posted on   |  by Justin Hendry
Google, Amazon and other major digital platforms would be hit with an annual 3 per cent tax on their revenue in Australia by default under a Greens proposal to...

RDTI growth outpaced Industry dept projections by $860m

Posted on   |  by Brandon How
The value of Australia’s research and development tax incentive exceeded Industry department estimates by almost $860 million last financial year as companies flocked to the scheme for relief amid...

Govt’s global tax floor to hit tech titans

Posted on   |  by Joseph Brookes
Landmark legislation introduced on Thursday could see digital platforms giants like Google and some of the government’s biggest tech suppliers forced to “top up” their local tax bill if...