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Global challenges

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Published on 24 Mar 99 by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA

This paper addresses the topic of meeting global challenges for Australian business and especially meeting the challenges of doing business in a global electronic environment. The author highlights three key points : the growth prospects of Australia's major corporations will depend on their ability to "reinvent" their strategies, structures and operations; the greatest risk to Australia's future economic growth is internal; there are many structural flaws in the present business tax system, and some of the government's tax reform proposals will also potentially disadvantage Australian multinationals.

Author profile

David KRASNOSTEIN
David is Group General Counsel of National Australia Bank and oversees the provision of legal services on a global basis. In 1997 he was voted Australian Corporate Lawyer of the Year.
Current at 24 March 1999

 

This was presented at 14TH NATIONAL CONVENTION: CONQUERING THE TAX WILDERNESS .

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Distributions of Income from Trusts

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Global Challenges

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Compensation Payments

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