International tax for SME clients - Latest developments paper

Published on 25 Jul 13 by VICTORIAN DIVISION, THE TAX INSTITUTE

Is a double-Irish sandwich causing your client indigestion? Or do recent international tax changes all sound like double-Dutch? This paper allows you to get up to speed (in plain English!) on the latest developments ininternational tax affecting SMEs, including:

• Removal of the CGT discount for non-residents:
  • trustee obligations
  • valuation and record-keeping requirements
• New transfer pricing rules:
  • what do the arm's-length requirements mean in practice?
  • getting the transaction documents righto Interaction with new International Dealings Schedule
• ATO audit focus:
  • Austrac is watching
  • information-sharing by foreign banks
  • voluntary disclosure options
• Budget proposals and other developments:
  • status of the CFC and FAF rules
  • thin cap.

Author profiles

Denise Honey CTA

Denise Honey, CTA leads the International Tax Group at Pitcher Partners. She has many years of experience providing international tax, structuring and tax controversy advice to corporate and trust groups and their key stakeholders. Denise is an Accredited Tax Law Specialist with the Law Institute of Victoria, participates on a number of consultation forums and is a regular presenter at the Institute’s events. - Current at 06 December 2023

More by Denise HONEY

• All abroad: Managing tax consequences involved in operating offshore paper - 03-June-2021
• Corporate tax residency: State of play paper - 17-October-2019
• Plenary 3: International tax issues for privately held groups paper - 16-November-2017
• Key tax issues for SMEs looking to expand offshore paper - 16-March-2017
• Is your company a resident where you think it is? paper - 05-October-2016
• Operating your business abroad paper - 09-October-2014
• Workshop two - M&A transactions - Seller’s perspective paper - 27-October-2011
• International tax for private groups in a changing world paper - 07-October-2010
• Outbound Structuring for SMEs paper - 17-October-2008
• Outbound structuring for SMEs paper - 10-October-2008
• Taxation of foreign deceased estates - 01-November-2007
• Tax issues for returning expatriates - 01-August-2007
• Identifying international tax issues - a practical guide paper - 17-July-2007
• Cross-border loans - traps for the unwary - 01-March-2007
• International aspects of succession planning for high wealth individuals paper - 26-August-2005

Click here to expand/collapse more articles by Denise HONEY.