A decision by the G7 to ensure multinational businesses pay a minimum company tax rate of “at least” 15% could deliver longer-term economic benefits to Australia.
The ATO has released some numbers on the amount of company tax Australia's largest companies paid in 2016-17, sparking a conversation about how SMEs fare.
The ATO will launch a new e-commerce platform to support its digital dreams, but micro businesses are still in the dark about how a prospective single-touch-payroll regime would affect them.
The government is reportedly considering a new tax on the digital economy. While no details of the tax are available yet, the digital services tax recently proposed by the European Commission may give us an idea what the tax might look like.
