13/03/2024
The decision in AusNet Services Limited v Commissioner of Taxation [2024] FCA 90 has been handed down and could be a win for taxpayers with its impact on the ‘nothing else’ criteria for CGT rollover relief. AusNet Services Limited faced a distinct challenge in trying to extricate themselves from a previously chosen rollover relief election, […]
08/03/2024
Discover the latest in sustainability reporting through our Sustainability Reporting webinar series. Join us for three insightful sessions exploring the newest trends and advancements in the field. Past sessions Webinar 1 | Getting ready for sustainability reporting Webinar 2 | Carbon reporting Webinar 3 | Sustainability reporting standards Expert speakers Tom MullarkeyPartnerSW Jimmy CaoAssociate DirectorSW […]
07/03/2024
SW Accountants & Advisors (SW) is pleased to announce the appointment of Vanessa Priest and Kirsty McDonnell as Tax Partners in our growing Sydney office. “We are thrilled to welcome Vanessa and Kirsty to our Sydney office,” said Mr Duane Rogers, CEO. “Their combined expertise and leadership qualities will undoubtedly strengthen our team and enhance […]
04/03/2024
With over 18 years of experience as a tax specialist, Kirsty has worked extensively with privately owned groups and listed entities. Her expertise spans tax compliance, tax effect accounting, restructures, tax consolidations, employee share schemes, small business CGT, trust tax issues, and international tax matters. Kirsty has a proven track record in tax controversy, handling […]
04/03/2024
Vanessa has more than 25 years experience as a tax specialist, with an interest in the tax and succession issues faced by privately owned enterprises and family groups. She has extensive knowledge in areas such as tax structuring, cross border issues, asset acquisitions and divestments, and tax issues arising for trusts. She has written and […]
27/02/2024
Recently, the Treasury released a revised exposure draft (ED) proposing to require certain large multinational enterprises to publicly report selected tax information on a country-by-country basis effective on or after 1 July 2024. On 12 February 2024, the Treasury released the revised exposure draft (ED) and explanatory materials (EM), collectively referred to as ‘Revised Draft […]
13/02/2024
The Practical Compliance Guideline (PCG) 2024/1 (the Guideline) has been released with ATO poised to dedicate resources towards scrutinising cross-border related party intangible arrangements. As a result taxpayers will face increased disclosure and self-evidence requirements. After a nearly three-year wait[1], the ATO finalised the risk guideline targeting cross-border related party arrangements (collectively referred to as […]
12/02/2024
Join our 2024 Corporate Tax update seminar to ensure you are up to date with the latest developments in corporate and international income tax. Our online seminar will be delivered in an interactive format with SW expert Daren Yeoh, Tax Director, Antony Cheung, Senior Tax Manager and Yang Shi, Tax Director. Our speakers will equip […]
08/02/2024
Developing tomorrow’s leaders today The 2024 Emerging Property Fund Managers series has now concluded. To register your interest for the next series, which will be announced in the coming months, please email marketing@sw-au.com. For the seventh year, we delivered an interactive 5-part seminar series to aspiring and emerging leaders in the Property Fund Management sector, […]
06/02/2024
The ATO has released a new draft tax ruling (TR 2024/D1) on the character of software arrangements for public consultation. This outlines the Commissioner’s view as to when payments would fall under a software arrangement and are subject to royalty withholding tax. The over-arching view remains that payments made for vast majority of software arrangements […]