The reforms will allow corporations to hold crypto assets without being taxed on unrealised gains at the end of each year.
December 8, 2023Assistant Treasurer Stephen Jones said the bill introduces the "biggest government crackdown on tax adviser misconduct in Australian history".
November 20, 2023Inspectors from the Directorate General of GST Intelligence seized laptops from Aviva and questioned some of its top officials.
November 17, 2023Capital gains tax applies to transactions involving wrapped tokens, DeFi lending and borrowing arrangements, liquidity pools, and DeFi reward payments.
November 17, 2023PBOC and SAFE propose to simplify registration, currency conversion and account management requirements for foreign institutional investors.
November 16, 2023Up to 5 million Indian crypto traders may have moved to offshore platforms since the introduction of the 1% tax deducted at source in July 2022.
November 11, 2023Reports suggest the investigation is politically motivated, because Foxconn founder Terry Gou is seeking Taiwan’s presidency.
October 25, 2023The budget includes additional funding for MyCIF initiatives, tax incentives for the ECF market, and targeted tax exemptions to support capital market fundraising.
October 16, 2023Adoption of the new multilateral instrument marks further progress towards the implementation of the Pillar Two minimum tax.
October 10, 2023The government is proposing "slightly less generous" tax concessions for individuals with a total superannuation balances above A$3mn.
October 6, 2023