Archive | May, 2015

Australia’s new Multinational Anti-avoidance Law moves ahead of OECD consensus

I am indebted to Allens in Australia for their recent summary of the new Aussie Diverted Profits Tax which informs this blog. “It is aimed at 30 identified multinationals with Australian sales agency arrangements that the Government claims may artificially avoid having a taxable presence in Australia – and will seek to subject them to income […]

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Tax and HNWI

The British General Election saw a plethora of proposals to raise more taxation from the “rich” which is not surprising given the atmosphere of austerity. Some of the proposals were poorly thought out in how they interacted the rest of the tax system – the Green’s proposal for a wealth tax would have (combined with […]

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