Aussie companies urged to act fast ahead of incoming tax laws
Legislation to change multinational tax law is progressing rapidly and companies are underestimating the compliance burden it will bring.
EY NZ international tax services practice leader Dean Madsen.
The Albanese Government has advanced its commitment to implement a domestic 15% minimum tax for multinationals that have global revenue of at least €750 million (approximately A$1.2 billion [$1.3b]).
Draft legislation was released yesterday and will retroactively be applied to the beginning of the
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