Banter Blog.

  The misleadingly-named Foreign Resident Capital Gains Withholding rules now apply to transfers of Australian real property valued at $750,000 or more. This reduced threshold took effect on 1 July 2017 (previously it was $2 million). Who do these...

  UPDATE: On 18 October 2017, the Government tabled in Parliament draft legislation to introduce an 80 per cent passive income eligibility test for the lower corporate tax rate from 2017–18. The Treasury Laws Amendment (Enterprise Tax Plan Base Rate...

  This infographic shows how the company tax and dividend imputation systems have evolved over the decades. Change is ongoing, and in mid-May 2017 — a mere six weeks before the end of 2016–17 — company tax cuts and changes to the calculation of maximum...

  Corporate clients are in the midst of finalising their 2016–17 financial statements, calculating tax liabilities and deciding how much of the year’s profits to pay out as dividends. This same process occurs each year … but it will not be business as...